“Call me with your name”, the movie by the Italian director Luca Guadagnino which has just awarded James Ivory his Oscar for the best adapted screenplay (as he adapted the story from André Aciman’s 2007 novel), was a co-production by Armando De Angelis (see here the press release), an iconic fresh pasta producer based in Villafranca (Verona).
Armando De Angelis is controlled by Aliante Equity, an investment holding managed by Aliante Partners, a private equity asset maanger based in Milan and Vicenza, founded by Paolo Righetto and Niccolò Fischer and focused on investments in made in Italy sectors such as food&beverage and design&furniture.
The movie by Mr. Guadagnino was a candidate to four Oscars as best movie (it was won by La Forma dell’acqua by Guillermo Del Toro), best starring actor, best song and best screenplay (see here Vox.)
Aliante, who has been a minority shareholder since 2013, bought a majority stake last year and named Paolo Pigozzo as new ceo who started a new strategic paln to relaunch the company and make its brand stronger abroad (see here an interview to L’Arena).
Together with Mr, Pigozzo sother new managers were hired by the company (Paolo Piazzi, Cristina Armelloni, Laura Usardi, Giuliano Polato and Elisabetta Macis), while the company has been hiring 25 more people in the last 2 years reaching 120 employees and investing 4 million euros in R&D.
Armando De Angelis posted 24.55 million euros in net revenues in 2016 (from 24.15 millions in 2015), with a negative ebitda of 2.55 millions (better then – 3.5 millions the year before) and a nte financial debt of 2.5 million euros (from 2.18 millions in 2015) (see here an analysis by Leanus, after free registration and login).