Cofincaf

ABOUT US

Captive finance Company belonging the Lavazza Group

COFINCAF S.p.A.

Mission

COFINCAF S.p.A. (Hereinafter Cofincaf) is a company subject to the management and coordination of Luigi Lavazza S.p.A., which supports the customers of Luigi Lavazza S.p.A. and Lavazza Group (hereinafter Lavazza Group) companies with highly specialised financial services to promote the domestic and international development of the Lavazza Group and the growth of the companies financed. To achieve this aim, Cofincaf works closely with the Lavazza Group’s sales networks.

Financial Services

Cofincaf's financial services cannot be supplied to the public, but only to customers/distributors/suppliers linked to the Lavazza Group by a valid contract for the supply of goods or services of an ongoing nature, with a duration at least as long as that of the loans requested. Cofincaf operates mainly in two sectors, the Automatic Distribution sector and the Food Service sector, and also provides the following services:

  • reverse factoring
  • employee loans
  • financial leases
  • credit monitoring / recovery advisory services for Luigi Lavazza S.p.A.
 confincaf-lavazza

HISTORY

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Established in 1986 as COFINCREDIT S.p.A., in 1992 it changed its name to COFINCAF S.p.A. - Compagnia Finanziaria Industria e Commercio. In implementation of the Decree of the Ministry of Economy and Finance no. 53 of 2015, in April 2017 it opted for removal from the Register of Financial Intermediaries (art. 106 of the T.U.B. - Italian Consolidated Banking Law) and, ever since, has provided all kinds of financial services solely within the production and distribution chain of Lavazza Group goods and/or services.

Corporate governance

Cofincaf Directors

Marco Emilio LAVAZZA

Chairman

Giancarlo LONGO

CEO

Enrico CAVATORTA

Director

Enrico CONTINI

Director

Paolo COTTINO

Director

Members of the board of auditors

Lucio PASQUINI

Chairman

Alessandro FORTE

Standing auditor

Barbara NEGRO

Standing auditor

Elisabetta RISCOSSA

Alternate auditor

Maria Giovanna VOLPE

Alternate auditor

Directorate

Giancarlo LONGO

General Manager

Roberto GUGLIELMINOTTI

AFC Manager

Federico SAITTA

Credit Manager

Monica LINARI

Legal Manager

Indipendent auditor

EY S.p.A.