PROFILE |
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Like the proverbial cream, Cremonini has risen to the top. The company is Italy's leading producer of beef and fresh, frozen, and canned meat, and it is also Europe's #1 hamburger meat maker. Through its Inalca, Islandia, Corte Buona, and Marr subsidiaries, Cremonini also produces cured meats, fish products, frozen vegetables, and other foods. The company also makes spices and seasonings. It has catering operations (such as on-train services) and supplies food to restaurants and hotels. Meat production accounts for nearly half of the company's sales; food service distribution accounts for about 40%. Chairman Luigi Cremonini, who founded the company in 1963, shares a 57% stake in the company with his family.
COMPETITION |
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IBP, inc. (IBP)
McCormick & Company, Incorporated (MKC)
Sara Lee Corporation (SLE)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,307.70
1-Yr. Sales Growth: (0.9)%
Employees: 4,361
Revenue per employee: $299,862.42
KEY PEOPLE |
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Roberto Canonico
CEO
Giovanni Barberis
CFO
CONTACT INFO |
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Via Modena, 53
41014 Castelvetro Modena, Italy
Phone: 39-059-754611
Fax: 39-059-754699
Online: Web Site
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