FinanceFII Tech Growth invests in Supermercato24
The Fund is managed by Fondo Italiano d’Investimento SGR
FII Tech Growth, a fund managed by Fondo Italiano d'Investimento SGR, announces its investment in Supermercato24, an Italian on-demand e-grocery marketplace that allows customers to shop online at their... more
MeatsAmadori, 2017 revenues over 1.2 billion euros
Ebitda of 103 min (+24%). Francesco Berti appointed new General Manager.
During the traditional meeting with financial institutions, Amadori has presented its 2017 annual report, confirming the group as a leading company of the poultry sector and more generally of the Italian... more
ForeignArgentina plans to export an abundance of soymeal to China
Due to Usa – China trade dispute with exports in 2019
A top agriculture ministry official explained that Argentina plans to export substantial amounts of soymeal to China after the next harvest in May.Argentine officials were in Beijing finalizing the paperwork... more
IndustryFirmenich acquires Italian Campus
The Swiss Company expands its Natural & Clean Label Capabilities for protein solutions
Swiss Company Firmenich acquires the Italian Parma based Campus, an innovator in the application of natural functional ingredients for protein applications, specializing in clean label, meat, dairy, sauces... more
MeatsTyson Foods to sell pizza crust business
The Company is also divesting some other bakery operations like Sara Lee Frozen Bakery and Van’s businesses
Tyson Foods, Inc. has reached an agreement to sell its pizza crust business to an affiliate of private equity firm Peak Rock Capital. Terms were not disclosed; however, the two companies hope to complete... more
FinanceKraft Heinz reports 2Q18 34% decrease in net income
Net sales were $6.7 billion, up 0.7 percent versus the year-ago period
The Kraft Heinz Company reported a 34 percent decrease in net income for the second quarter of the 2018 fiscal year, compared to the same period in 2017.The Company reported a net income of $756 million... more
CoffeeMassimo Zanetti Group, H18 revenue at Euro 434.4 millions
The net profit amounts to Euro 7.1 million, up 62.3% compared to first half of 2017
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 and other selected categories of colonial... more
CateringHMSHost Int. (Autogrill) wins 10-year contract with NS Retail
The Group strengthens its operations in the Dutch railway channel
Italian Milan based Autogrill S.p.A. announces that through its subsidiary HMSHost International it has won a tender called by NS Stations in The Netherlands and secured a new 10-year contract to operate... more
Studies and researchAntimicrobial Resistance, the stakeholder Stewardship
The Global Roundtable for Sustainable Beef Issued a new Statement
The membership of the Global Roundtable for Sustainable Beef (GRSB) has voted overwhelmingly to approve a global Statement on Antimicrobial Stewardship to recognize the urgency with which action against... more
Studies and researchGlobal Conference on Sustainable Beef, Rabobank and Prof. Michael Lee to...
The meeting will held in Kilkenny, Ireland at the Lyrath Estate, October 9-12, 2018
The Global Roundtable for Sustainable Beef (GRSB) is proud to announce two key global industry leaders who will join the important conversations surrounding global beef sustainability at the Global Conference... more
MeatsTyson near to buy Keystone Foods for as much as $3B
From Brazil's Marfrig Global Foods
Tyson Foods, the largest U.S. meat company, is close to acquire Keystone Foods, which supplies chicken nuggets to McDonald's, from Brazil's Marfrig Global Foods for as much as $3B, Bloomberg reports.Marfrig... more
DessertsLindt & Sprüngli 1H18 achieves dynamic sales and profit growth
Rise in net income by +12.7% to CHF 86.0 million
Lindt & Sprüngli has had a successful start to the financial year 2018. The Group achieved strong group sales of +7.7% in the first half-year, generating consolidated sales of CHF 1.67 billion. Organic g... more
FinanceCargill reports one of its best results for fiscal 2018
Full Year adjusted operating earnings reached $3.2 billion, up 6 percent
Cargill reported $3.2 billion in adjusted operating earnings for the 2018 fiscal year, one of its best annual performances. The fourth quarter also was very strong for the company.The company’s improved f... more
PeopleHeléne Gunnarson is new vice-chairman of Arla Foods
She has been a member of the Board of Directors since 2008
The new vice-chairman has been a farmer since 1997 and an elected representative in the cooperative since 2000 more
PeopleMondelēz International Names Luca Zaramella as Chief Financial Officer
With more than 20 years of broad financial experience has an intimate knowledge of the company’s business
Mondelēz International selects Senior VP of Corporate Finance Luca Zaramella to take over the CFO position on August 1. The company says Zaramella, reporting directly to CEO Dirk Van de Put, will be responsible... more
PeopleChange at the top for Arla Foods Uk
Ash Amirahmadi is the new UK Managing Director
Tomas Pietrangeli is leaving the company to become ceo of Danish retail group Dagrofa A/S more
Most popular news
IndustryFirmenich acquires Italian Campus
The Swiss Company expands its Natural & Clean Label Capabilities for protein solutions
Swiss Company Firmenich acquires the Italian Parma based Campus, an innovator in the application of natural functional ingredients for protein applications, specializing in clean label, meat, dairy, sauces... more
ForeignArgentina plans to export an abundance of soymeal to China
Due to Usa – China trade dispute with exports in 2019
A top agriculture ministry official explained that Argentina plans to export substantial amounts of soymeal to China after the next harvest in May.Argentine officials were in Beijing finalizing the paperwork... more
Fairs
FairsCibus Fair, a 2018 record edition
For the first time more than a thousand products are introduced in a new dedicated pavilion
Cibus 2018 is going to become a record edition which reserves many new features. First of all a new pavilion.There will be more than a thousand new products offered by about three thousand exhibiting companies... more
FairsAceto Balsamico in the foreign tourists’ heart
The leader in the tourism exhibition in Milan
De Nigris brought Balsamico Village at BIT more