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ROME, Italy – A story of innovation and sustainability: it’s a story about ICAM, a company based in Lombardy specialised in the production and sale of chocolate and cocoa semi-finished products. A symbol of Italian food excellence focused on organic, high-quality products and on respect for the environment and workers across the supply chain.
The company received financing of 56 million euros from CDP (Cassa Depositi e Prestiti), in a pool with the banking system, to expand one of its two plants – the Orsenigo facility – through the construction of a new production building, which will also include an innovation centre for the development of new chocolate recipes.
The plan also includes the purchase of new high energy-efficiency machinery to automate production processes and ensure full traceability of the raw materials used.
ICAM was founded in the mid-1940s in Valtellina (Morbegno, province of Sondrio), where the entrepreneur Silvio Agostoni and his wife Carolina Vanini acquired a small workshop producing candies and sweets.
From there, the company evolved into a group with premium brands and projects in cocoa-producing countries in an effort to ensure full control of the supply chain and responsible farming models.
Today the group employs over 500 people, with revenues of 320 million euros, around 60% of which are generated abroad.
Attention to the environment and social impact is an integral part of the company culture, as shown by initiatives to reduce energy consumption at production facilities and measures to ensure fair pricing for local producers, strengthening resilience to fluctuations in international cocoa prices while safeguarding product quality.
The resources provided by CDP will enable ICAM to increase its production capacity and invest in research into new products, thereby strengthening its competitiveness in the chocolate sector.
Cassa Depositi e Prestiti (CDP) is the Italian National Promotional Institution. It fosters the development of the Country, using responsibly national savings in order to support growth and boost employment, leveraging on innovations, business competitiveness, infrastructure and local development.
