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351 news found
CateringCremonini and Percassi sign an agreement to develop catering activities
Chef Express acquires 60% of Percassi Food & Beverage, which becomes C&P
Chef Express, the company that manages the Cremonini Group's catering services, and Percassi, a leading company in real estate development and the management of important brands’ commercial networks, h... more
Mineral waters and drinksDanone Waters to distribute Ferrarelle brand in US
The long-term distribution agreement will focus on building the brand in American market
Danone Waters of America has secured a deal to sell, distribute and merchandise Italian sparkling mineral water brand Ferrarelle in the US as of 2020. The long-term distribution agreement will focus on... more
NewsSAI Platform organizes a new International Executive Programme on Sustainable Sourcing and Trade
18-19 November 2019 in Gravina in Puglia (Italy) hosted by Andriani
Designed specifically for sustainability professionals active in different parts of the value chain, this ground-breaking Executive Programme on Sustainable Sourcing and Trade will be held simultaneously... more
DistributionMarr acquired 34% of the shares of Jolanda de Colò S.p.A.
The Company is one of the main Italian player in the foodservice premium segment
Marr, the Rimini-based company also presented the results of the first 9 months: turnover at Euro 1.3 Billion, Ebitda and Ebit (after the application of IFRS 16) at Euro 103.6 and 81.3 million respectively. Net profit amounted to € 55.1 million. more
DistributionIvs Group Reported at 30 September 2019 Sales of Euro 342.6 million, +6.6%
The Group is the Italian leader and the second player in Europe in the business of automatic vending machines
The Board of Directors of IVS Group S.A. convened on November 14th, 2019 and chaired by Mr. Paolo Covre, examined and approved the Interim Report at 30 September 2019. Consolidated revenues in the first... more
Cheese and dairy productsCentrale del Latte d'Italia lose €4.1M in first 9 months
The Company is the third-ranking Italian player in the fresh and long-life milk market
The Board of Directors of Centrale del Latte d’Italia – a company listed, since 2001, on the STAR segment of Borsa Italiana and currently the third-ranking Italian player in the fresh and long-life mil... more
FinanceNewlat Food’s institutional offering successfully closed
Offering Price fixed at Euro 5.80 per Share
Newlat Food Spa announces the successful closure of the offering period of the Shares under Newlat’s institutional offering aimed at creating the free float and listing the Shares on the Mercato Telematico A... more
NewsThe Italian Fanchising Awards
Among the food chains prizes to 101Caffè, Winelivery and McDonald's
Assofranchising, the Italian trade association for the world of franchising, has awarded the Awards at the 34th Franchising Exhibition that ended today in Milan. The winners in the catering sector were... more
Cheese and dairy productsArla Foods inaugurates state-of-the-art cheese production site in Bahrain
The company will invest approximately €50 million in the site over the next two to three years
Arla Foods will invest approx. €50 million in the plant and create more than 100 direct jobs in the local market. Bahrain will be Arla’s key strategic manufacturing hub in Mena. more
FairsFederalimentare fight against Italian Sounding
The tendentious evocation has registered a growth rate of 70% in the decade 2007-2017
Federalimentare, the Italian Food & Drink Industry Federation, which represents the second manufacturing sector in Italy, with 13 national branch Associations, continues its commitment in the fight against... more
Cheese and dairy productsLatteria e Caseificio Moro acquired by PE Argos Wityu
The Italian cheese firm generates revenues of EUR40m
Latteria e Caseificio Moro, Treviso-based supplier of mozzarella and ricotta, has received investment for a majority stake from French private-equity firm Argos Wityu. The Italian company, located in Motta... more
PeopleArla Foods announces departure of CFO
Natalie Knight will leave the Company on 29 February 2020
Arla Foods announces that its CFO Natalie Knight has accepted the role of Executive Vice President, Finance, of Dutch-Belgian retail group Ahold Delhaize. more
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
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
ForeignElanco Announces Agreement to Acquire Bayer’s Animal Health Business
Transaction valued at US$7.6 billion, financed by 70% cash and 30% equity combination
Elanco Animal Health has entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at US$7.6 billion. The planned transaction, which is subject to regulatory... 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 impairment charges
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
CoffeeMassimo Zanetti B. Group reports higher revenue and lower profits in 1H 2019
The Italian company is one of the leading brands worldwide in the production, processing and marketing of roasted coffee
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
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
DessertsMondelēz International Reports Q2 Results
Net revenues declined 0.8%, organic net revenue grew 4.6%, adjusted EPS was $0.57, up 9%
Mondelez International reported second-quarter 2019 results with adjusted earnings of 57 cents per share. On a constant-currency basis, adjusted earnings improved nearly 9% year over year, courtesy of... more