Business · Companies · 11 hrs ago
Bresciangrana faces pressure as 40 dairy farms await payment and a recovery plan
Bresciangrana, a dairy company in Cignano di Offlaga, is in financial trouble and owes about €20 million to the farms that supply it with milk.
The 40 farms deliver more than 1,200 quintals of milk a day, making the company’s future important to local producers.
Bresciangrana has debts of more than €70 million and stopped production and milk collection in August, before restarting partial collection at a price below market levels.
A temporary electricity cut at the plant was reversed, but the company’s position remains precarious.
Farmers and unions want their debts protected and milk collection to continue, while lawmaker Cristina Almici says any rental offer needs a credible industrial plan and transparent terms.
The company aims to file a restructuring plan by the end of October, after receiving one offer for a temporary lease from Novalat.
Bresciangrana owes about €20 million to milk suppliers, while 40 farms await payment and certainty about future milk collections.
The company has debts exceeding €70 million and is in preventive composition proceedings.
A temporary power suspension at its plant in Cignano di Offlaga was reversed the same evening, but the situation remains precarious.
Milk collection resumed on 10 August at 36 cents per litre, below market prices.
A single offer, from Novalat, was submitted by the deadline for a temporary lease, and Bresciangrana aims to file a recovery plan by the end of October.
- Who
- Bresciangrana and the 40 farms that supply it. Deputy Cristina Almici is also calling for guarantees for the farms.
- What
- The company faces a financial crisis, owes suppliers about €20 million, and is seeking a lease and recovery plan.
- When
- The latest report was published on 21 October 2026. The company aims to file its plan by the end of October.
- Where
- Bresciangrana’s plant is in Cignano di Offlaga, in the province of Brescia, Italy.
- Why
- The company accumulated debts exceeding €70 million, including unpaid milk-supplier credits of about €20 million.
This story does not have two clearly opposing sides.
Bresciangrana filed for preventive composition with reservation at the Court of Brescia and obtained protective measures.
The company suspended production and milk collection from the 40 farms.
Partial milk collection resumed at 36 cents per litre after regional intervention.
The company’s asset protection measures expired.
The Lombardy Region Agriculture Commission heard from Bresciangrana’s chief restructuring officer, suppliers, unions and Assolatte.
The deadline for bids for a temporary lease passed, with only Novalat’s offer received.
- Milk suppliers
- About €20 million in arrears
- Company debts
- More than €70 million
- Supplying farms
- 40
- Milk supplied
- More than 1,200 quintals per day
- Temporary lease offer
- Novalat of Badia Polesine
- Milk collection price
- 36 cents per litre
1 source
What people are saying
The future of Bresciangrana cannot be left to statements of intent. Those who work and produce need certainty.