FOOD & E-COMMERCE: EATALY NET, THE "MADE IN ITALY" E-COMMERCE... THE COMPANY IS EATALY GROUP AND THE "360 CAPITAL PARTNERS"FUND

Eataly Net has been launched. It is the new international level e-commerce operator in the distribution of "Made in Italy" food excellence. The company was established in the agreement signed by Eataly, the leader group in the distribution of high-quality Italian food founded in 2007 by Oscar Farinetti and Luca Baffigo, who owns 60% of the shares, together with the Italian-French venture capital fund "360 Capital Partners "and the co-founder of Eataly Net, Franco Denari. Eataly Net will be active on markets through the establishment of subsidiaries, with shares split between the majority shareholder company and several local partners who will be entrusted with minority shares.

"Food”, says Denari , “is the next frontier for world e-commerce and we believe that Eataly Net has all the necessary credentials, products and now also the financial resources to conquer this market on an international scale”. Fausto Boni, co-founder and general partner of "360 Capital Partners" is satisfied with the partnership, and emphasizes "Eataly, in just a few years has successfully established itself in the industry by becoming the worldwide reference retailers, thanks to a careful selection of products and producers and the choice of prestigious locations around the world”. Ready to achieve great things, says Luca Baffigo, co-founder and general manager of Eataly, thanks to fifteen years in "360 Capital Partners" e-commerce.