Pros
You are working for a well-known multinational in this field and this will definitely be a pro in your CV. Roles , responsibilities and duties are usually well defined and nobody will ask you to deal with tasks which are not in your JD. If you have a good manager above you, this will certainly be the chance to learn a method.
Cons
It's an Italian family-run company and thus very hierarchical and sometimes unorganized. Only the owner decides and when he/she does, everybody needs to run to get things done in order to satisfy him/her. This might results in clientelism and waste of time/money instead of efficiency, The entire HR department is not very straight-forward, does micromanagement and is not willing to listen to employees' needs and aspiration.