{"id":4404,"date":"2022-06-20T07:34:47","date_gmt":"2022-06-20T05:34:47","guid":{"rendered":"https:\/\/redelfi.com\/?p=4404"},"modified":"2024-12-18T15:52:34","modified_gmt":"2024-12-18T14:52:34","slug":"redelfi-spa-becomes-a-partner-in-piano-green-srl-an-agro-4-0-technology-solutions-company-with-fos-spa-and-santagata-1907-spa","status":"publish","type":"post","link":"https:\/\/redelfi.com\/en\/press-releases\/redelfi-spa-becomes-a-partner-in-piano-green-srl-an-agro-4-0-technology-solutions-company-with-fos-spa-and-santagata-1907-spa\/","title":{"rendered":"Redelfi SpA becomes a partner in Piano Green Srl – an agro 4.0 technology solutions company – with FOS SpA and Santagata 1907 SpA\u00a0"},"content":{"rendered":"

Read the press release in PDF format here (in Italian)<\/a><\/p>\n

 <\/p>\n

JOINT PRESS RELEASE<\/span><\/b>\u00a0<\/span><\/p>\n

REDELFI S.P.A. BECOMES A PARTNER IN PIANO GREEN S.R.L. – AGRO 4.0 TECHNOLOGY SOLUTIONS COMPANY. – WITH FOS S.P.A. AND SANTAGATA<\/span><\/b>\u00a0<\/span>1907 S.P.A.<\/span><\/b>\u00a0<\/span><\/p>\n

\u00a0<\/span>\u00a0<\/span><\/p>\n

REDELFI ACQUIRES 59.37% OF THE SHARE CAPITAL OF PIANO GREEN THROUGH A RESERVED CAPITAL INCREASE, FOS RETAINS THE ROLE OF CHIEF TECHNOLOGY OFFICER (CTO) WITH A 24.37% STAKE, SANTAGATA 1907 13.13%.<\/span><\/b>\u00a0<\/span><\/p>\n

Milan, June 20, 2022\u00a0<\/em><\/p>\n

Redelfi S.p.A.<\/span><\/b> (\u201c<\/span>Redelfi<\/span><\/b>\u201d or the \u201c<\/span>Company<\/span><\/b>\u201d), a management company with operational headquarters in Genoa and committed to the green and digital transition, announces that it has acquired, through its subsidiary Green Earth S.A, a majority stake in the Italian-registered company Piano Green S.r.l. (\u201c<\/span>Piano Green<\/span><\/b>\u201d), a startup founded in January 2021 by FOS S.p.A. (\u201cFOS\u201d) – a Genoese consulting and technology research SME, listed on the Euronext Growth Milan segment of the Italian Stock Exchange, active in the design and development of digital services and products for large industrial groups and public administrations – and Santagata S.p.A., a historic company dedicated to the selection and marketing of quality olive and extra virgin olive oils. With the underwriting of the aforementioned capital increase, approved in the amount of EUR 100,000.00 and underwritten<\/span>\u00a0for EUR 95,000, Green Earth S.A. acquires a 59.37% stake in the share capital, while FOS S.p.A. retains a 24.37%\u00a0stake and Santagata a 13.13%\u00a0stake, with the possibility of making further capital increases in the future that may also be open to third-party investors in order to develop the Piano Green business. Joining Piano Green’s share capital with a stake of <\/span>3.13% is also Dr. Fabienne Moretta, an agronomist, who will bring her specific expertise in the agritech sector.<\/span>\u00a0<\/span><\/p>\n

Redelfi’s decision to enter the Piano Green project through its subsidiary stems from the presence of both IT and green elements, in line with the development of the Company’s GreenTech business unit. Redelfi’s goal is to actively bring to the startup IT skills and innovation (through its subsidiary Enginius S.r.l.) and green, generating transversality between the concepts of digital revolution and greater awareness in terms of sustainability.<\/span>\u00a0<\/span><\/p>\n

Piano Green\u2019s development plan is, for FOS, in line with the strategy of taking on the role of technical manager in its investee startups. The skills of the Engineering and Technology Transfer division, the work of the many joint labs, and the participation to develop the FinTech platform with blockchain technology designed by Redelfi for an ecosystem restoration service, will lead to the enhancement of AgroTech technology skills within the FOS Group, which is attentive to socio-environmental issues.<\/span>\u00a0<\/span><\/p>\n

Piano Green is a technology startup focused on developing smart agriculture solutions with the aim of contributing to a more sustainable and productive future by combining technology with agriculture. Founded in 2021 by FOS S.p.A. and Santagata 1907 S.p.A., a historic brand active in the marketing of olive oil, began its Agro 4. 0 by focusing on two IoT solutions: \u201cMicrocosmo,\u201d a patent by FOS and ENEA (National Agency for New Technologies, Energy and Sustainable Economic Development) to simulate\u00a0the cultivation of superior plants in a highly innovative indoor environment, both in traditional fields and in environments normally unsuitable for plant growth; and \u201cEye-trap,\u201d smart traps, developed by FOS’s Engineering and Technology Transfer division, to control and monitor directly in the field, in an intelligent and timely manner, pest control.<\/span>\u00a0<\/span><\/p>\n

Green Earth<\/span><\/b> S.A. plans to develop reforestation and \u201cecosystem restoration\u201d operations to safeguard biodiversity and protect areas at risk. The strategy is based on the development of innovative solutions with blockchain technology applied to Agriculture 4.0. promoting the concept of eco-sustainability.<\/span>\u00a0<\/span><\/p>\n

Davide Sommariva,<\/span><\/b> Chairman of the Board of Directors of Redelfi S.p.A.: \u201c<\/span>The acquisition of the stake in Piano Green is an important step forward for Redelfi, with a strengthening of the GreenTech business unit, which will be increasingly engaged from an operational point of view, bringing technological and sustainable innovation to the Group in compliance with ESG criteria. We are very pleased to start this partnership with FOS – which is also listed on EGM – and Santagata, companies with an international outlook, which look to the future with a view to developing advanced and environmentally sustainable technologies.<\/span><\/i>\u201d <\/span>\u00a0<\/span><\/p>\n

Enrico Botte<\/span><\/b>, CEO of FOS S.p.A., said, \u201c<\/span>We are very pleased to be able to share with Green Earth the growth path of Piano Green. After a year of work aimed at consolidating Agrotech technologies with partner Santagata we have the opportunity to give a further boost to our innovative ESG path with a vertical player in the GreenTech market. It is a great technological opportunity for FOS to integrate AgroTech 4.0 solutions with the digital solutions of blockchain technology proposed by our\u00a0new Partner.<\/span><\/i>\u201d<\/span>\u00a0<\/span><\/p>\n

This press release is available on the websites <\/span>www.redelfi.com<\/span><\/a>, <\/span>www.gruppofos.it<\/span><\/a> in the Investor Relations sections and at <\/span>www.1info.it<\/span><\/a>\u00a0<\/span><\/p>\n

***<\/span>\u00a0<\/span><\/p>\n

Redelfi<\/span><\/b> is the parent company of the Redelfi Group active in the digital and green transition through three Business Units operating in the Green, MarTech and GreenTech sectors. Each Business Unit adopts a highly innovative approach in defining products, services, and processes with a strong focus on compliance with ESG principles in business management. In the 2021 fiscal year, the Group achieved a Production Value of EUR 1.2 million and a Net Income of EUR 3.5 million, the latter as a result of extraordinary transactions. Its Net Financial Position was cash positive by EUR 0.1 million and Shareholders’ Equity is EUR 5.6 million. In 2021, the Group made investments of approximately EUR 4.5 million.<\/span>\u00a0<\/span><\/p>\n

Fos S.p.A.<\/span><\/b>, founded in Genoa in 1999 – led by Brunello Botte, class of ’45, President of Fos S.p.A., by Matteo Pedrelli, class of ’67, Vice President and CEO of Fos S.p.A., who co-founded Fos S.p.A. with Enrico Botte, class of ’76 also CEO of Fos S.p.A.- heads a Group that provides digital services and innovation projects through five business lines-\u201cInformation Technology,\u201d \u201cCommunication Technology,\u201d \u201cEngineering & Technology Transfer,\u201d \u201cDigital Learning,\u201d and \u201cAutomation & Solution\u201d-for major groups in industry, biomedical, healthcare, transportation, financial, telco and public administration. The Group has 216 employees distributed in 8 locations – Genoa, Milan, Turin, Rome, Caserta, Benevento, Bolzano and Vilnius (Lithuania) – and 6 research laboratories (two in Genoa, one in Naples, Bolzano, Enna and Kaunas in Lithuania) in collaboration with university centers (University of Genoa, University of Bolzano, University of Enna, Technical University of Kaunas in Lithuania) and public bodies such as ENEA (National Agency for New Technologies Energy and Sustainable Economic Development). Fos S.p.A. is listed on the Euronext Growth Milan market organized and managed by Borsa Italiana S.p.A. In 2021, the Group reported the following results: production value\u00a0of EUR 17.6 million, EBITDA of EUR 3.1 million and Net Income of EUR1.1 million.<\/span>\u00a0<\/span><\/p>\n

Santagata S.p.A.<\/span><\/b>-. Founded in 1907 by Giovanni Battista Santagata, the company has since then been supplying the best olive oils in compliance with the most restrictive European standards and through a strict quality and safety control system. The business distinguishes itself in two areas: the selection and marketing of bulk products created specifically for important national and international brands, and the selection and marketing of packaged products destined for the final consumer. The company distributes its products in more than 40 countries around the world. Today Cristina and Federico Santagata, supported by a team of collaborators and experts, continue to offer their customers the highest quality products, and run a well-established company with strong local and national roots and growing international ramifications.<\/span>\u00a0<\/span><\/p>\n

Contacts:<\/span>
\nISSUER<\/span>
\nRedelfi<\/span><\/b> | Investor Relations Manager | Erika Padoan | <\/span>investor-relations@redelfi.com<\/span><\/a> | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova<\/span>
\nRedelfi<\/span><\/b> | Media Relations | Carolina Beretta | <\/span>carolina.beretta@redelfi.com<\/span><\/a> | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova<\/span>\u00a0<\/span><\/p>\n

INVESTOR & FINANCIAL MEDIA RELATIONS<\/span>
\nIR Top Consulting<\/span><\/b> | Investor Relations | <\/span>ir@irtop.com<\/span><\/a> | T: + 39 02 4547 3884\/3 | Via Bigli, 19 – 20121 Milano<\/span>
\nIR Top Consulting<\/span><\/b> | Media Relations | <\/span>d.gentile@irtop.com<\/span><\/a> | T: + 39 02 4547 3884\/3 | Via Bigli, 19 – 20121 Milano<\/span>\u00a0<\/span><\/p>\n

EURONEXT GROWTH ADVISOR & SPECIALIST<\/span>
\nIntegrae SIM<\/span><\/b> | <\/span>info@integraesim.it<\/span><\/a> | T: +39 02 96846864 | Piazza Castello, 24 \u2013 20121 Milano<\/span>\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Read the press release in PDF format here (in Italian)   JOINT PRESS RELEASE\u00a0 REDELFI S.P.A. 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