Who is the parent company of Amorino USA Corp.?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
ance.
Our parent company, Amorino USA Corp., a Delaware corporation ("Amorino USA") owns 100% of us (CPUSA, LLC, a Delaware limited liability company), as well as 100% of Amorino Trading, LLC, a New York limited liability company ("Amorino Trading"), and 100% of Minus Zero4 F, LLC, a New York limited liability company ("Minus Zero4").
The parent company of Amorino USA Corp., -18° SAS, a French company ("-18°"), which is owned 100% by CPH, owns 100% of Amorino USA. Neither Amorino USA nor -18° owns or operates a business of the type to be operated by the franchisee or offers franchises of the type to be operated by the franchisee or any other type of franchises.
Up until early 2019, Minus Zero4, formed in January 2012, which was owned by CPGF Holdings, LLC, a Delaware limited liability company ("CPGF Holdings"), formed in October 2009, which was owned 51% by Amorino USA Cop., 24.5% by Luigi Caroggio, and 24.5% by Filippo Saccani, was responsible for the United States Amorino brand system, including the issuance of unit franchises, and had an exclusive license with CPG, SAS for the use of the Amorino brand in the U
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the parent company of Amorino USA Corp. is -18° SAS, a French company. -18° SAS is wholly owned (100%) by CPH, SAS, also a French company. Amorino USA Corp. owns 100% of CPUSA, LLC (the franchisor), Amorino Trading, LLC, and Minus Zero4 F, LLC.
This ownership structure means that -18° SAS, based in France, ultimately controls Amorino's operations in the United States through its ownership of Amorino USA Corp. It's important to note that neither Amorino USA nor -18° owns or operates a business of the type to be operated by the franchisee or offers franchises of the type to be operated by the franchisee or any other type of franchises.
Prospective franchisees should be aware of this international structure, as it may impact decision-making, supply chains, and overall business strategy. For example, -18° is the exclusive manufacturer and direct/indirect source of 100% of the frozen products, 100% of the consumables, and 30% of the other products, necessary for the operation of an Amorino brand Store in the System in the United States. The gelato and sorbet is shipped from Paris, in frozen, pre-measured pans of different sizes depending on the type of Store. This reliance on a foreign supplier could present both opportunities and risks for franchisees.