Crédit Agricole Italy issued a financing, assisted by Support Italy Guarantee di SACE, of 15 million euro in favour of CMB, the Bricklayers and Laborers Cooperative of Carpi. CMB, founded in 1908, has specialized over the years in construction of major works and restorations, as well as in the management of complex projects through high-profile know-how, innovative technologies and methodologies such as BIM (Building Information Modeling). It creates works such as hospitals, residential buildings, road-railway stations, commercial, cultural and tourist centres.
Credit Agricole and Sace are committed to helping the national sector of construction e renovations.
Support for sustainable growth projects
The operation is aimed at support the company's investment plan, providing support for the realization of ambitious sustainable development projects.
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Credit Agricole Group confirms its commitment to fbusiness side operating in the sector of construction e renovations, especially in a difficult economic situation such as the current one, maximizing the effectiveness of the opportunities of the PNRR also with solutions complementary to state subsidies. The financing disbursed to CMB, in synergy with SACE, bears witness to our sensitivity in understanding and satisfying the needs of client companies, real excellence interested in a path of Sustainable Development. In this way, we generate value in the territories where they operate, for the benefit of the entire community” he declared Mark Perocchi, Head of Corporate Bank Management of Crédit Agricole Italy.
“This operation demonstrates the support that we at the SACE Group we field for growth and business investment plans in this complex moment. Being alongside a historical reality rooted in the territory like CMB allows us to support a strategic sector for the Italian economy and strongly impacted by expensive raw materials such as construction” he underlined Giammarco Boccia, Head of Corporate Finance and Indirect Channels of SACE.
