Gaefcc holding company enters the capital of Italian Cigar Group

ROME (ITALPRESS) – The Gaefcc holding company enters the capital of Italian Cigar Group, owner of the Efebo Sicily brand, distributed in Italy by Manifattura Italiana Tabacchi of Chiaravalle. Just over a year after Lorenzo Zurino’s Virgo Holding’s acquisition of Italian Cigar Group, the investment company enters the share capital of the Icg company, enhancing the company with 4 million.Great satisfaction was expressed by Lorenzo Zurino, who with Virgo Holding strongly believed in the investment in 2022 and after little more than a year has made a complex project of national and international scope. “I am really proud of the path made by Icg and really happy that the Gaefcc holding company has looked with interest at our project, investing in it. From the very beginning,” Zurino emphasizes, “I wanted to devote the maximum attention to international markets, and today, after our cigar has landed in Miami and Chicago, we are looking to Indonesia with determination. The entry of the new partner, will give us finance and professionalism to establish an investment plan over the medium and long term, focusing even more on the Terre di Altavilla Agricultural Company, which produces our tobacco in the lands that were once the Florio family’s, bringing technology and training to the circular economy project on which we have wanted to work since the beginning. Many innovations will see the light of day in 2025,” he concludes.(ITALPRESS).-Photo: Italian Cigar Group press office-