Transaction details

Ethica Debt Advisory advised Fassa Bortolo Group in arranging a financing directly provided by European Investment Bank

Fassa Bortolo is a Treviso company with a successful history in the building sector and manufacturing products and solutions for construction, including also lime and its derivatives.
The Company aims to report a 370€M turnover in 2017, achieving € 400M goal in 2018. Currently, the Group employs approximately 1.200 people, with 12 plants in Italy and 1 in Portugal.
Financing provided by EIB is aimed at supporting company development plans, including also the revamp of several production facilities for eco-compatible fuels.
Paolo Fassa, Group Chairman, commented: “Despite general crisis of building sector, our company has been able to stand out reacting with expertise, courage and great determination. Our customers recognize our leadership, that every day each of us is proud to confirm seriously working. Solutions, answers, and proximity to our customers are the engine of our passion. Currently, we are focusing on new projects fully believing how our growth, consolidated even during 9 years of crisis in Italy, will allow us to achieve new prestigious goals”