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Creval's Overview

Total employees1003
HeadquartersSondrio
Founded1908

Credito Valtellinese S.p.A. (Creval) was a prominent Italian cooperative bank founded in 1908, with strong roots in the Valtellina region of Lombardy. It grew to become a significant player in the Italian banking sector, offering a range of financial services to individuals, families, and small to medium-sized enterprises (SMEs). Historically, Creval focused on retail and commercial banking, with a substantial network of branches primarily in northern and central Italy. In April 2021, Crédit Agricole Italia successfully completed a takeover bid for Credito Valtellinese, leading to its delisting from the Borsa Italiana and subsequent integration into the Crédit Agricole Group. Creval's operations and branches are now part of Crédit Agricole Italia.

Where is Creval's Headquarters?

HQ Function

Served as the primary administrative, strategic planning, and operational oversight center for Credito Valtellinese's national banking network prior to its acquisition.

Notable Features:

The historic headquarters were located in Palazzo Sertoli, a significant architectural landmark in Sondrio.

Work Culture:

Historically, the work culture likely reflected that of a traditional Italian regional bank, emphasizing strong customer relationships, financial prudence, and deep community ties. Post-acquisition, any functions at the site would align with Crédit Agricole Italia's corporate culture.

HQ Significance:

The Sondrio headquarters symbolized the bank's origins, its long-standing commitment to the Valtellina region, and its growth over a century.

Values Reflected in HQ: Historically, the headquarters and the bank's operations reflected values such as regional commitment, stability, community support, and long-term customer service.

Location:

Credito Valtellinese primarily operated within Italy, with a strong concentration of its branches and services in its home region of Lombardy, as well as other northern and central Italian regions. It did not have a significant independent global presence with international branches operating under its own name. Any international banking business was likely conducted through correspondent banking relationships. Following its acquisition in 2021, its operations have been integrated into the broader Crédit Agricole Group, which has a significant global presence.

Street Address:

Piazza Quadrivio, 8

City:

Sondrio

State/Province:

Lombardy

Country:

Italy

Creval's Global Presence

Milan, Lombardy, Italy

Address: Historically, Credito Valtellinese maintained various significant branches and operational offices in Milan.

To effectively serve a large metropolitan client base, manage complex financial operations, and engage with the national financial community and institutional investors.

Buying Intent Signals for Creval

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Creval

As of April 2025, Creval' leadership includes:

Luigi Lovaglio - Chief Executive Officer (until April 2021)
Alessandro Trotter - Chairman of the Board of Directors (around 2020-2021)
Umberto Colli - Deputy General Manager and Chief Financial Officer (until 2021)

Investors of Creval

Creval has been backed by several prominent investors over the years, including:

Crédit Agricole S.A. (as a significant pre-takeover shareholder)
DGFD SA (Denis Dumont)
Algebris UK LLP
Hosking Partners LLP
Franklin Mutual Advisers, LLC

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits2

The acquisition of Credito Valtellinese by Crédit Agricole Italia in 2021 resulted in a complete overhaul of its executive leadership and board. Former Creval executives departed, and governance was transitioned to Crédit Agricole Italia. Consequently, there have been no 'Credito Valtellinese' specific executive hires or exits in the traditional sense in the past 12-24 months, as the entity is now fully integrated.

Departures

Luigi Lovaglio, Departed as CEO of Credito Valtellinese following the completion of the acquisition by Crédit Agricole Italia.
Credito Valtellinese Board of Directors (Pre-Acquisition), The pre-acquisition Board of Directors of Credito Valtellinese resigned, with new governance established by Crédit Agricole Italia.

New Appointments:

Crédit Agricole Italia Management, Management from Crédit Agricole Italia assumed responsibility for integrating Credito Valtellinese's operations, assets, and personnel into the group.

Technology (Tech Stack) used by Creval

Discover the tools Creval uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Creval Email Formats and Examples

Historically, Credito Valtellinese (Creval) likely utilized standard corporate email formats based on its domain creval.it. Common patterns included [first_initial][last]@creval.it or [first].[last]@creval.it. Following its full acquisition and integration into Crédit Agricole Italia, these email addresses are no longer active for new communications and would have been migrated or redirected to Crédit Agricole Italia's systems.

[first].[last]@creval.it

Format

mario.rossi@creval.it

Example

0%

Success rate

News and media

ReutersApril 23, 2021

Credit Agricole Italia clinches Credito Valtellinese

Credit Agricole Italia (CAI) said it had secured 91.17% of Creval in its takeover offer for the Italian lender after raising its bid, paving the way for it to delist and absorb its latest target....more

MarketScreener / Borsa ItalianaJune 4, 2021

Credito Valtellinese S.p.A.: Delisting of Ordinary Shares from MTA Effective from June 7, 2021

Following the results of the sell-out procedure, Borsa Italiana ordered the delisting of Credito Valtellinese ordinary shares from the Mercato Telematico Azionario (MTA), effective from June 7, 2021. This marked the end of Creval's public trading....more

ReutersFebruary 9, 2021

Creval board deems Credit Agricole's bid too low

Credito Valtellinese’s board of directors unanimously rejected Credit Agricole Italia’s initial takeover offer of 10.50 euros per share, deeming it insufficient and not reflective of the bank's true value at the time....more

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