Family HoldingPuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

Caltagirone

Listed holding ultimately controlled through FGC S.p.A.

Also known as Caltagirone S.p.A., Gruppo Caltagirone

Listed Rome holding, 87.6% held by Francesco Gaetano Caltagirone; controls Cementir, Caltagirone Editore, Vianini Lavori, Domus Italia; EUR 1.68bn in listed stakes (Generali, MPS, Acea) at June 2026.

USEFUL FOR Business owners seeking a long-term partner · Co-investors

Listed Rome holding of Francesco Gaetano Caltagirone (formerly Vianini S.p.A.). Separate from its listed subsidiaries Cementir Holding and Caltagirone Editore.

Family & background

FAMILY: Caltagirone
WEALTH ORIGIN: Construction, then cement and publishing
HEADQUARTERS: Rome, Italy

Investment approach

SECTORS: Industrial & Manufacturing Media & Entertainment Real Estate & PropTech
GEOGRAPHY: Italy
STAGES: Buyout
ROUTES: Companies (own capital)
STRATEGIES: Direct investmentsPublic equities

Overview

Caltagirone S.p.A., listed on the Milan stock exchange, is the holding company of the group founded by Francesco Gaetano Caltagirone, who took over the Vianini group in 1984; Vianini S.p.A. was renamed Caltagirone and became a holding company in the late 1980s. It operates in cement, large construction works, publishing and real estate through listed Cementir Holding and Caltagirone Editore and unlisted Vianini Lavori and Domus Italia. It also holds financial stakes in listed companies, valued at EUR 1,678 million at 30 June 2026, including Assicurazioni Generali, Banca Monte dei Paschi di Siena, Acea, Poste Italiane, Italgas, Enel and Unipol, and an unlisted stake in Newcleo Ltd.

Holdings & investments (14)

Cementir Holding (listed)NOTABLE
Industrial & Manufacturing · since 1992
Caltagirone Editore (listed)NOTABLE
Media & Entertainment
Assicurazioni Generali (listed; 23.05M shares)NOTABLE
Banca Monte dei Paschi di Siena (listed; 41.44M shares at 30 June 2026)NOTABLE
since 2024
Unipol (listed; 0.5M shares)
since 2026
Enel (listed; reduced to 1.6M shares in H1 2026)
since 2025
Eni (listed)
since 2025 · Exited (all 1.2M shares sold in H1 2026)
Newcleo Ltd (unlisted; EUR 7.0M book value)
since 2025
Vianini Lavori
Industrial & Manufacturing · since 1984
Domus Italia
Real Estate & PropTech
Acea (listed; 6.0M shares)
Poste Italiane (listed)
Italgas (listed)
Mediobanca (listed)
Exited (2025: group tendered its 9.65M Mediobanca shares into the MPS–Mediobanca exchange offer)

People

Francesco Gaetano Caltagirone
Chairman · source
Azzurra Caltagirone
Vice Chair · source
Francesco Caltagirone
Director · source
Saverio Caltagirone
Director · source
Mario Delfini
Director · source
Nobile Francesca Comello
Director · source
Sarah Moscatelli
Independent Director · source
Filomena Passeggio
Independent Director · source
Elena De Simone
Director · source
Fabrizio Caprara
Director; Manager responsible for financial reporting (Dirigente Preposto) · source

Frequently asked questions

Caltagirone is a family holding based in Rome, Italy.

Caltagirone invests on behalf of the Caltagirone family (Construction, then cement and publishing).

Caltagirone invests its own capital into companies. Its stated asset mix includes direct investments and public equities.

Caltagirone invests at Buyout stage in Industrial & Manufacturing, Media & Entertainment and Real Estate & PropTech.

Key people at Caltagirone include Francesco Gaetano Caltagirone (Chairman), Azzurra Caltagirone (Vice Chair), Francesco Caltagirone (Director) and Saverio Caltagirone (Director).

Caltagirone's holdings and investments include Cementir Holding (listed), Caltagirone Editore (listed), Assicurazioni Generali (listed; 23.05M shares), Banca Monte dei Paschi di Siena (listed; 41.44M shares at 30 June 2026), Vianini Lavori, Domus Italia, Acea (listed; 6.0M shares) and Poste Italiane (listed), among others.