LiqueursThe Amaro del Capo acquires Petrus, the historic Dutch brand
The deal is part of a larger project of growth for the Calabrian Company owned by Caffo Family
The Amaro del Capo acquires Petrus. The historic Dutch brand, until yesterday under the multinational Diageo, has passed to the Calabrian Caffo 1915 group whose main product is the Antico Amaro del Capo... more
CoffeeRecord 2019 results for Lavazza thanks also to Mars Drink
Revenues + 18% and + 45% net profit, 2020 uncertain but "the Group is solid"
The Board of Directors of Lavazza Group has examined and approved the draft Annual and Consolidated Financial Statements at December 31, 2019, prepared in accordance with International Financial Reporting... more
BeveragePepsiCo elects Segun Agbaje to board of directors
He currently serves as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc
PepsiCo elects Segun Agbaje to board of directors. He currently serves as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc more
DistributionIvs Group (vending), closes 2019 on the rise
But in 2020 Covid-19 weighs and the company does not distribute dividends
The Board of Directors of IVS Group S.A. (Milan: IVS.MI) examined and approved the Annual Report 2019 (statutory and consolidated), the Management Report and related documents and the Sustainability Report. Given... more
BeveragePepsiCo To Provide Enhanced Benefits To All U.S. Employees
Additional Compensation To U.S. Frontline During Unprecedented Health Pandemic
Will Hire 6,000 New, Full-Time, Full-Benefit Frontline Employees Across the U.S. The PepsiCo Foundation Investing Up to $11 Million to Provide Critical Support to Communities more
LiqueursIllva Saronno opens a branch in the UK
The new company will open in 2021. Neil Jardine appointed managing director
The Italian liquor company Illva Saronno will launch its branch in 2021, marking the end of its twenty-year collaboration with William Grant & Sons UK. more
DistributionMarr, revenues 2019 rise to Euro 1.7 billion
Net profit of 66.6M, a record dividend of 0.80 Euros. Covid-19 will weigh on 2020
The Board of Directors of Marr Spa (Milan: MARR.MI) the leading company in Italy in the sale and distribution of food products to the foodservice sector, owned by Cremonini Group, today approved the consolidated... more
LiqueursPernod Ricard invests in Italicus
The Dutch alcohol company De Kuyper Royal Distiller has sold its shares in the Italian brand
Pernod Ricard has invested in Italian premium bergamot-infused aperitivo brand Italicus, as the spirits company continues to strengthen its portfolio. The announcement coincides with the news that Dutch... more
BeveragePepsiCo To Acquire Rockstar
Expanding Presence In Fast-Growing Energy Category
"Over time, we expect to capture our fair share of this fast-growing, highly profitable category and create meaningful new partnerships in the energy space" said PepsiCo Chairman and CEO, Ramon Laguarta. more
Packaging and logisticsSacmi acquires Velomat
The Imola-based Company is the world’s leading provider of closures-beverage solutions
Italian Sacmi Imola, the world’s leading provider of closures-beverage solutions, purchased Abruzzo-based Velomat, a leading designer and manufacturer of high-speed assembly machines for caps, micro-pumps a... more
CoffeeThe Massimo Zanetti Beverage Group’s 2019 revenues amounted to Euro 914.5 M...
The Board of directors will propose to shareholders the distribution of a gross dividend of Euro 0.19 per share
The Board of Directors of Massimo Zanetti Beverage Group S.p.A., one of the leading brands worldwide in the production, processing and marketing of roasted coffee, listed on the Milan Stock Exchange, approved... more
PeopleBeniamino Garofalo appointed as new Ceo at Santa Margherita Gruppo...
The turnover of the leading Italian wine company stood at more than 189 million Euros in 2019
Beniamino Garofalo is the new CEO at Santa Margherita Gruppo Vinicolo, one of the leading Italian companies within the world of wine, owned by Marzotto Family. Garofalo, 50, from Milan and married with... more
Veg worldArla introduces new brand and plant-based products
The Company will launch three oat drinks under the new brand, Jörd
Arla has decided to enter the market for plant-based products to meet consumer demand and to develop the category with natural products and unique flavor compositions. more
Cheese and dairy productsNewlat Food: Consolidated aggregate Net Profit 2019 of € 10.2 million (...
Ebitda and Net Profit for the year showed a better performance than foreseen in the Business Plan
The Board of Directors of Newlat Food S.p.A. approved the consolidated aggregate preliminary data for the year ended 31 December 2019. Newlat Food recorded consolidated aggregate revenues of € 320.9 m... more
Cheese and dairy productsBrands and transformation deliver strong 2019 results for Arla
Arla’s branded sales volume grew 5.1 per cent in 2019
In 2019 farmer-owned Arla Foods exceeded expectations for global branded sales whilst simultaneously transforming its business securing cost-savings at the top end of expectations through the Calcium programme. This enabled Arla to deliver a stable milk price to its farmers owners... more
MeatsInalca (Cremonini Group) opens a new distribution platform in Russia
Located in Moscow close to the hamburger production plant inaugurated in 2010
It includes various warehouses with the most advanced cold chain management technology and a capacity of 33,000 pallets. Total investments of 25 million Euro. more
Most popular news
CoffeeArla and Starbucks celebrate successful 10 year partnership
The partnership has been a success from the start
2020 marks 10 years since European farmer-owned dairy cooperative Arla Foods and the American coffee company Starbucks partnered up to combine chilled coffee and milk for the ready to drink (RTD) market. The partnership has been a success from the start, securing continuous growth... more
BeveragePepsiCo elects Segun Agbaje to board of directors
He currently serves as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc
PepsiCo elects Segun Agbaje to board of directors. He currently serves as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc more
Fairs
FairsThe Future and Values of Foodservice at the Opening SIGEP and A.B. TECH...
The fair takes place in Rimini, organized by Italian Exhibition Group
The food of the future? It is not a question of ingredients, but consumer behaviour: it will be increasingly a question of sharing, a relationship with which to attempt a ´cross´ between history and m... more
FairsItalian Exhibition Group: Corrado Peraboni has appointed Ceo
The nomination will be effective from January 1, 2020
Italian Exhibition Group (IEG), a company listed on the Milan Stock Exchange, leader in Italy in the organization of international trade fair events and among the main operators in the exhibition sector... more
FairsFederalimentare fight against Italian Sounding
The tendentious evocation has registered a growth rate of 70% in the decade 2007-2017
FairsAnuga 2019 breaks all records
Great presence for Italy, with over 1,100 exhibiting companies
FairsIEG consolidated revenue 1H2019 reached € 100 million
Italian Exhibition Group is a leading company in event organization
It happened today
CateringKura Sushi USA files for IPO on Nasdaq
American subsidiary of Japanese chain plans to operate 290 restaurants (from current 22)
Japanese sushi restaurant chain Kura announced that its American subsidiary, Kura Sushi USA, has applied to the U.S. Securities and Exchange Commission for permission to list shares on the Nasdaq composite.... more