Broseta advises on the agreement between Auricchio and GranTerre with the Spanish group Hispano

Gennaro Auricchio and the GranTerre Group, through its subsidiary Caseifici Granterre, have signed an agreement whereby the Modena-based group will acquire 40% of the Spanish company Hispano Italiana de Charcutería, in which Auricchio holds a 60% stake. Costantino Petroccia, formerly head of sales for the GranTerre Group in the Iberian market, has been appointed to manage Hispano, a company that imports and distributes excellent Italian products in Spain.

Advisors

Broseta advised on the Spanish legal aspects, with a team led by partner Julio Veloso Caro.

The agreement

The strategic alliance between Auricchio and GranTerre seeks to strengthen the distribution in Spain of great traditional Italian products, such as Auricchio cheeses and GranTerre cured meats and cheeses, starting with the prestigious Parmigiano Reggiano from Parmareggio.

The agreement is based on a shared business vision and values of quality and tradition, with the aim of consolidating Made in Italy in the Spanish market.

Auricchio, with almost 150 years of history, is a leader in provolone and other world-renowned Italian cheeses, while GranTerre is a benchmark in premium cured meats and cheeses, with a turnover of €1.7 billion and a strong international presence.

Distribution will be handled by Hispano Italiana, which will consolidate its role as an ambassador for Italian cuisine in Spain, connecting with local consumers and promoting opportunities for joint development and growth.