FinanceTIP Acquires a stake of Elica owned by Whirlpool
The companies maintain completely unchanged the commercial relations in place for many years
Tamburi Investment Partners S.p.A., independent and diversified investment & merchant bank listed on the STAR segment of Borsa Italiana has reached today an agreement with Whirlpool EMEA S.p.A. for the... more
ForeignUK: Boris Johnson tomorrow new prime minister
And he promises: "Brexit" by October 31st
Boris Johnson, former mayor of London, is now the new premier of the United Kingdom. Tomorrow there will be the handover from the resigning Theresa May to the leader of the conservative party, which beat... more
ConsumptionAlmost a fifth of all food and drink launches in Europe are organic
Europe is leading the way in terms of organic food and drink innovation
The total share of new global food and drink product launches with organic claims has risen from 6% to 10% between August 2009 and July 2019. Millennials (aged 25-34) and Gen Zs (aged 16-24) in France, Germany, Italy, Spain, and Poland, are the most likely to purchase organic food and drink and are also willing to pay more for these products. more
BeveragePepsiCo Releases 2018 Sustainability Report
Highlighting Progress and A Renewed Focus To Help Build A More Sustainable Food System
PepsiCo Inc. yesterday published its 2018 Sustainability Report, outlining the company's progress against its sustainability goals and announcing a new purpose behind its sustainability agenda: to help build a more sustainable food system. more
Biological"The truth, please, on biological"
The Skretting case history presented in last Sana fair in Bologna
"Water in the mouth", the practical guide for the correct information in the nutritia studied by Skretting, a Norwegian company world leader in nutritional solutions and services for aquaculture, was one... more
Cheese and dairy productsArla scales up its commitment to develop a sustainable dairy sector in Nigeria
Arla will be the commercial partner that will purchase, collect, process and bring the local milk to market
In a new public-private partnership in Nigeria, farmer-owned Arla Foods is committing to further development of a long-term sustainable dairy industry and local dairy sector in Nigeria by helping 1,000 small scale farmers create better livelihoods while strengthening its business in the country. more
Frozen foodsNomad Foods Reports 2Q2019 Strong Results
The Iglo, Findus and Birds Eye brand owner saw revenue lift 10% to €538 million
European frozen food giant Nomad Foods reported its tenth consecutive quarter of organic revenue growth for the second quarter of 2019. The Iglo, Findus and Birds Eye brand owner saw revenue lift 10% to... more
IndustryKraft Heinz Reported 1H2019 results indicating more than $1.2 billion in...
CEO Miguel Patricio says level of decline not acceptable
The Kraft Heinz Company reported preliminary financial results for the first half of 2019 that reflected lower net sales despite improving consumer takeaway trends in key markets, as well as the adverse... more
CoffeeIllycaffè buys UK Euro Food Brands
The Italian company will directly manage its Uk distribution
Illycaffè announced the acquisition of Euro Food Brands’ illy division, dedicated to the distribution of illy products in the UK. Euro Food Brands has been illycaffè’s UK distributor for over 25 years... more
MeatsTyson Foods Reports Third and Nine Months 2019 Results
3Q Revenues of $10.89B (+8.4% Y/Y), GAAP Eps of $1.84
Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State F... more
WinesMasi Agricola: consolidated results of HY2019
A positive 2Q bring the group back to revenues growth (+1%); hyperinflation in Argentina influenced profitability
The Board of Directors of Masi Agricola S.p.A., a company listed on AIM Italia and one of the Italian leaders in the production of premium wines, approved the consolidated half-year financial report as... more
DistributionMarr approves the results of the first half of 2019
Total revenues at 793.0 million Euros (782.6 million in HY2018)
The Board of Directors of Marr Spa, a company of the Cremonini group, leader in Italy in the foodservice sector, approved the half-year financial report at June 30, 2019. Total revenues for the first half... more
VideoThe fifth “Sainsbury’s Brand Conference” in Italy
Interview with Judith Batchelar, Brand Manager at Sainsbury’s, and Natasha Linhart, CEO at Atlante.
The fifth “Sainsbury’s Brand Conference” was held on 26 of July in Bologna, organised by Atlante, an Italian company which has been operating for over 20 years in the large-scale food retail sector as st... more
CateringRestaurant Brands International Reports 2Q 2019 Results
Global system-wide sales increased 7.9%
Restaurant Brands International reports global system-wide sales increased 7.9% in Q2 to follow on last year's 7.3% increased. Comparable sales were up 0.5% for the Tim Horton's chain, 3.6% for... more
Fourth range vegetablesLa Linea Verde Group: turnover to 300 million Euro
Growth +28% higher than in 2017
On the occasion of the approval of the financial report, the company reflects on its investments and growth strategy more
FinanceCampari Group has reached an agreement to sell Villa ‘Les Cèdres’
The sale price of the Villa in Cap Ferrat amounts to €200 million, of which Campari Group will retain €80 million
Campari Group has reached a preliminary agreement for the sale of the real estate property ‘Villa Les Cèdres’, located in Saint-Jean Cap-Ferrat, France. The Villa had entered Campari Group’s perimeter within... more
Fairs
FairsAnuga 2019 breaks all records
Great presence for Italy, with over 1,100 exhibiting companies
Current trends, the latest innovations and visionary concepts for the food of the future were under focus more than ever at Anuga from 5 to 9 October 2019. The world's largest trade fair for food and... more
FairsIEG consolidated revenue 1H2019 reached € 100 million
Italian Exhibition Group is a leading company in event organization
Italian Exhibition Group’s Consolidated revenue as at June 30th 2019 reached approximately € 100 million (provisional data), strongly higher compared to the 77,3 million of first half of 2018. This res... more
Fairs"World Food Poland" expected for next March 7-9
Intense the Italian presence with the Bellavita pavilion
Fairs"Surprises in Store": the Trend Report 2019 by Fruit Logistica
Fresh fruit and vegetables in retail in the spotlight/Attachment
FairsMacfrut and Sival, Italian-French partnership
The agreement in the fruit and vegetable sector was signed in Angers
It happened today
Press releaseEU-Republic of Korea summit: building on a well established partner...
On different sectors, in particular against illegal fishing
The 9th EU-Republic of Korea Summit took place on 19 October in Brussels. It marked the 55th anniversary of diplomatic relations between the EU and the Republic of Korea and set the stage for a further... more