Paluani, because the brand will remain despite the bankruptcy of Campedelli-Corriere.it

Paluani, because the brand will remain despite the bankruptcy of Campedelli-Corriere.it

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The bankrupt Paluani spa crushed under the weight of 82 million euros in debt. The Veronese confectionery company founded in 1921, owned by the Campedelli family, which also already owned Chievo, the football club officially declared bankrupt on 24 June 2022. Despite the bankruptcy of the old company, the production of pandoro, panettone and colombe continues through the Paluani 1921 srl business branch, which in July of last year was sold to Sperlari, in turn controlled by the German multinational Katjes International. The sale made it possible to save 48 jobs.

Paluani spa still in possession of real estate, which in the meantime has been partially sold. total of almost 82 million euros requested, the sum that the company made available to creditors was equal to 815 thousand euros, approximately 1% of the entire debt amount. In April 2022, according to the books brought to the Court with the application for approval of the arrangement, the banks were exposed to Paluani for a total of around 35.5 million euros. Among the institutes, Banca Valsabbina, Banco Bpm, Bper, Caribolzano, Carige, CereaBanca, Credit Agricole, Credito Valtellinese, Mps, Unicredit. The judge has appointed Matteo Creazzo and Andrea Rossi as receivers, summoning the creditors on 23 October to examine the state of liabilities.

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