In January 2024 Illva Saronno Holding S.p.A. has become the owner of a 20% stake in Albedo S.r.l.
Albedo S.r.l is a craft distillery, branded Strada Ferrata, founded in Seregno (MB) in 2019, specializing in the production of Italian-made whisky, with its first release expected by the end of 2024.
The agreement between Illva and RBC will support and expedite the development and expansion of the Strada Ferrata project, providing the necessary technical, commercial, and financial resources to establish the company as a key player in the emerging movement of Italian whisky producers.
The acquisition of a stake in Albedo S.r.l. gives Illva Saronno Holding the opportunity to expand its whisky portfolio, adding the Italian newcomer Strada Ferrata to its existing lineup, which includes the Irish whiskey brand The Busker and the American whiskey Sagamore.