CateringCompass Group agrees to buy Fazer Food Services
The deal has been valued for around €475 million
Finnish Fazer Group has agreed to sell Fazer Food Services, a premier food service provider in the Nordic region and Russia, to Compass Group. The deal has been agreed for around €475 million, and marks F... more
MeatsRDIF and Italy’s Cremonini announce joint investments in Russian beef p...
They will invest in Inalca's Orenbeef, based in Orenburg Region
A consortium of investors led by the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and a leading European meat producer Inalca (owned by Italian Cremonini Group) announce a joint i... more
AgricultureLeonardo and A2A acquire stakes in IBF Servizi
The JV between Bonifiche Ferraresi and Ismea is specialized in precision farming
Optimization of production processes, reduction of production costs,improvement of environmental sustainability and quality. These are the goals of IBF Servizi to improve the competitiveness of Italian... more
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
IndustryCargill ‘s earnings slows in 4Q 2019
Due to uncertain global business environment
Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019: adjusted operating earnings were $476 million, down 41% from the $809 million earned in last year’s record f... more
Cheese and dairy productsLactalis acquires Ehrmann Commonwealth Dairy
It is the fourth acquisition for Lactalis in the United States in two years
Lactalis Group has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of Ehrmann, a Germany-based dairy company. Founded in 2009, Ehrmann employs 250 people at facilities in Brattleboro, Vt.,... more
IndustryNestlé will launch a new pilot programme with open blockchain
To track products such as milk and palm oil
Nestlé will launch a new pilot programme to track products such as milk and palm oil by using blockchain technology. The world’s largest food company is collaborating with OpenSC, a blockchain platform th... more
Cheese and dairy productsArla Foods agrees new brand license with Kraft Heinz
Arla Foods gets the license to use to use the Kraft brand in the Middle East
Arla Foods agrees new brand license for Middle East cheese business with Kraft Heinz. The agreement gives Arla Foods the license to use the Kraft brand for the next 12 years in the Middle East on the cheese portfolio recently acquired by Arla from Mondeléz International. more
ForeignUSA asks for new duties: pasta, cheese, olives and more
The WTO will screen the Trump proposal on August 5
There is a battle between Boeing and Airbus at the center of the trade warfare carried out by the Trump administration against the European Union. The subsidies to the two Airbus A-380 and A-350 planes,... more
CateringElior Group completes the sale of Areas to Pai Partners
In Italy the company controls MyChef, one of the most important travel retail players
Elior Group has completed the sale of its subsidiary, Areas (which constitutes the Group's concession catering activities), to PAI Partners for a net total amount of c. €1.4 billion - corresponding to a... more
NewsChef Express wins the 2019 Animal Welfare Award
The catering company of Cremonini Group received the Good Egg Award for eliminating all the cage-breeding systems for hens
The 2019 Animal Welfare Awards, the awards that CIWF - Compassion in World Farming - attributes to virtuous companies, were consigned at the prestigious Concert Noble venue. The Italian Chef Express, the... more
IndustryNomad Foods launches new sustainability strategy
The third largest frozen food company globally published Our Sustainable Path Report 2018
Nomad Foods (Findus, Iglo, BirdsEye) has launched Our Sustainable Path, a European wide sustainability plan, with the publication of the company’s second sustainability report for 2018. Recognising that f... more
Studies and researchWhat room for ruminants in a sustainable food future?
Leading scientists met in Bruxelles to assess the climate impact of the agri-food sector in a review of sustainable eating habits
In the climate change debate, the environmental footprint of agriculture is often under discussion, with much of the recent discourse around food focusing on the potential impact of cattle. However, not... more
LiqueursPernod Ricard finalizes the acquisition of Italian super-premium gin brand...
The agreement was signed with Biggar & Leith
Following the press release of 17 April 2019, Pernod Ricard announces the completion of the acquisition of Italian super-premium gin brand Malfy whose range consists of four varieties – Originale, Con L... more
DessertsMondelez International acquires majority stake in Perfect Snacks
Fresh-from-the-fridge protein snacks further expands company’s leadership in broader snacking
Mondelēz International announced an agreement to acquire a majority interest in Perfect Snacks, a pioneer in the fast-growing refrigerated nutrition bars segment. With increased distribution in US retailers,... more
Coffeellycaffè becomes coffee partner for The World’s 50 Best Bars
The Italian company will be present at all the international and regional events
illycaffè, an Italian Trieste based, becomes the global coffee partner for The World’s 50 Best Restaurants and The World’s 50 Best Bars. The World’s 50 Best Restaurants is a worldwide ranking of fine d... more
Most popular news
IndustryCargill ‘s earnings slows in 4Q 2019
Due to uncertain global business environment
Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019: adjusted operating earnings were $476 million, down 41% from the $809 million earned in last year’s record f... more
DessertsFerrero and Campbell sign agreement for sale of Kelsen for $300 Mln
The Italian group makes the deal by Belgian affiliated company CTH Invest
Campbell Soup Company announced that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero Belgian CTH Invest affiliated company for $300 million, subject to customary purchase... more
CateringKura Sushi USA files for IPO on Nasdaq
American subsidiary of Japanese chain plans to operate 290 restaurants (from current 22)
FairsIEG consolidated revenue 1H2019 reached € 100 million
Italian Exhibition Group is a leading company in event organization
AgricultureLeonardo and A2A acquire stakes in IBF Servizi
The JV between Bonifiche Ferraresi and Ismea is specialized in precision farming
Fairs
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
The three-day of "WorldFood Poland-6th International Food & Drink Exhibition Expo XXI" (March 7-9, 2019) is approaching in Warsaw, B2B fair designed for the food and beverage industry. The location is... more
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
FairsThe Greenhouse Technology Village is born in "Macfrut 2019"
Dedicated to horticultural cultivation in greenhouses
It happened today