Baschieri & Pellagri (B&P) was founded in 1885 in Bologna, Italy, by Settimio Baschieri, a passionate hunter, and Guido Pellagri, a chemistry graduate. The company quickly made its mark in the firearms industry by pioneering the first smokeless gunpowder, known as Acapnia, at a time when only black powder was available. B&P is renowned worldwide for its commitment to quality, especially in hunting and competitive shooting. In 2020, the company was acquired by Fiocchi Munizioni, further enhancing its capabilities and market reach. Today, B&P continues to innovate, focusing on environmentally friendly "green ammunition" through collaborations with academic institutions like the University of Bologna​.