Economy and finance - wine
53 news found
Economy and financeEU agri-food trade: surplus at 63.6 billion euros
Both exports (+6.6 billion) and imports (+12.4 billion) are growing. UK is the leading partner
The European Commission's Agri-Food Report 2024 shows that both exports and imports in the sector have reached a record high. Despite ongoing global challenges, the report describes several positive developments.... more
Economy and financeBofrost Italy, sales up to 300 million
The frozen food company closes the fiscal year with a "solid and stable" business model
Bofrost Italia S.p.a closes the business year 2024-2025 with a turnover of 300 million Euro, in slight increase. This result, the official press release stresses, "confirms the stability and solidity of... more
Economy and financeFood industry: italian export boom (+9.3%) in the first seven months of 2024
Federalimentare estimates a record result for the end of the year, for a value of 57 billion euros
From cheese to sweets, from wine to cured meats, Italy continues to conquer palates around the world. If the trend of the first seven months of the year is confirmed (+9.3%), exports in the sector will... more
Economy and financeBig maneuvers at home Omnia Technologies: in the crosshairs bond and sale
Investindustrial by Andrea Bonomi studies an issue. The aim is to sell the
It is a september of great maneuvers that seems to involve in first person Omnia Technologies. According to rumours relayed by Mf, in fact, the Investindustrial fund of Andrea Bonomi that controls since... more
Economy and financeOmnia Technologies: 3 acquisitions in the beverage sector
Bought assets of the French Maison Coquard, the Californian ATP Group and the Italian Nortan
It is a rather busy summer that of Omnia Technologies, the former DT Holding, group created by Investindustrial to bring together in a single platform automation and bottling technologies for the wine... more
Economy and financeSilvateam grows thanks to UniCredit and Mediocredito Centrale
The company collects two loans of 4 and 3 million
The Silvateam Group, a company from San Michele Mondovì, in the province of Cuneo Piedmont Region), among the world leaders in the production of plant extracts used in the tanning of hides, in animal... more
Economy and financeEU: agri-food trade surplus at 5 billion euros
Exports reach 19.8 billion in April 2024: Ivory Coast and Nigeria are the most benefited countries /Annex
In April 2024, the EU agri-food trade surplus reached €5 billion, still 4% higher than in April 2023, despite a 25% reduction compared to the previous month. Exports reached 19.8 billion euros, primarily d... more
Economy and financeIntesa Sanpaolo: Italian excellence protagonists in Paris
Marr is among the agri-food candidates of the 2024 edition of "Winning Companies"
Intesa Sanpaolo presents the 2024 edition of "Italian Excellences, Mid Corporate Conference" which will be held in Paris on 8 and 9 October. The event is mainly dedicated to companies listed on Euronext... more
Economy and financeThe Italian agricultural and food districts close 2023 with a +4.5%
Intesa Sanpaolo monitors: almost 27 billion sales on foreign markets
Positive balance in 2023 for exports of Italian agri-food districts, which close with almost 27 billion sales on foreign markets and an increase of 4.5%, corresponding to almost 1.2 billion more than the... more
Economy and financeDifficult 1Q for Masi Agricola
Revenues down by 15%. Better in April
The board of directors of Masi Agricola, a company listed on Euronext Growth Milan and one of the Italian leaders in the production of premium wines, approved the consolidated results at 31 March 2024.... more
Economy and financeThree acquisitions for Omnia Technologies
Acmi, Sacmi Beverage and Sacmi Labelling join the company that becomes Italian giant in high-speed beverage
Omnia Technologies, the platform active in automation and bottling technologies for the sectors of spirits, wine, non-alcoholic beverages, dairy products and pharmaceuticals, launches a new division dedicated... more
Economy and financeThe five most affected food from the crisis of the logistics
A report by Lynx Purchasing puts fish, meat, fresh vegetables, oil and wine at the centre of the price rises
Meat, carrots and salad, but also fish, oil, wine. These are the foods that could increase more because of the situation in the Red Sea that has triggered a crisis of reflection in the world logistics... more
Economy and financeCnh tractors complete the exit from Piazza Affari
The Exor galaxy company closes its delisting on the Milan Stock Exchange: it remains only on Wall Street
Another piece of the Agnelli galaxy leaves Piazza Affari. Cnh Industrial, the agricultural machinery company of the sphere Exor announced today that it has completed the voluntary withdrawal of its shares... more
Economy and financeIsa acquires participation in Ethica Wines
The Trentino development institute joins the capital of F&F Fine Wines, one of the players in the export of Italian wines to the USA
Isa, the Atesino Development Institute (Isa), joins the capital of F&F Fine Wines, one of the most promising companies in the export market of Italian wines to the USA, Canada and Asia-Pacific. It does... more
Economy and financeCnh Industrial: delisting and quarterly do not like the market. The title suffers
The decrease of the title for the society of the tractors continues
The CNH stock on the Milan Stock Exchange is still weak. This morning he lost 0.7% but is on the shields from a couple of sessions: yesterday, wednesday, November 8, he left on the ground 2.4%, tuesday,... more
Economy and financeSandro Bottega expands with grappa and limoncello
Two new liqueurs and five new openings for the Prosecco Bar: the first, in November, in Prague and Abu Dhabi
We know him for his prosecco, for his gold bottles and for a continuous expansion that tastes of research and avant-garde at the same time. We are talking about Sandro Bottega, patron of the homonymous... more
Economy and financeMarchesi Antinori wine sets course for U.S.
With 300 mln financing from a pool of banks wine company buys land in Napa Valley
Marchesi Antinori is heading for the United States thanks to a loan of more than 300 million obtained from a pool composed of Intesa Sanpaolo, Cassa depositi e prestiti, Simest and Bnl. The operation,... more
Economy and financeDe Angelis Food takes you regal and SaordelMar
Double acquisition for the Veronese company that aims at a consolidated turnover of over 135 million euros
De Angelis Food Group has acquired the majority package of the pasta factory of Abruzzo Regal and has brought to 100% its participation in the Padua SaordelMar, a manufacturer of fish sauces and cod. With... more
Economy and financeEathic, the platform that solves restaurants' problems
Interview with Andrea Manfré, co-founder of the startup that connects producers and restaurateurs
It has just closed a 120,000 euros funding round, qualifying as a new player within the food tech landscape. We are talking about Eathic, the ethical startup and marketplace, born among the classrooms... more
Economy and financeProsecco on tour in the U.S.
July 17-23 in New York City, sixth edition for National Prosecco Week
Given the great success of the previous editions, we are pleased to return to the United States for the sixth edition of National Prosecco Week". This was said by Stefano Zanette, president of the Prosecco... more
Economy and financeClosing for Investindustrial Growth III fund
Raised € 1.1 billion to invest in lower mid-market European companies
Investindustrial announces the € 1.1 billion closing of the Investindustrial Growth III fund. The fund raised above target: the fund will continue the successful strategy launched by Investindustrial i... more
Economy and financeClosing for Investindustrial Growth III fund.
Raised €1.1 billion to invest in lower mid-market European companies
Investindustrial announces the € 1.1 billion closing of the Investindustrial Growth III fund. The fund raised above target: the fund will continue the successful strategy launched by Investindustrial i... more
Economy and financeSoaring wine prices hit consumption
OIV: Global wine exports make record at €37.6 billion but consumption drops 1 percent
World wine trade reached a record high last year, supported by a sharp increase in prices. The good news is balanced by less good news, namely that the amount of wine sold declined due to weakening demand... more
Economy and financeQuadrivio and Pambianco, start raising for Made in Italy Fund II
Fund also invests in wine companies with high margin for development
The joint venture between Quadrivio and Pambianco launches Made in Italy Fund II, the second private equity fund dedicated to the world of lifestyle and Italian excellence. The new vehicle will have a... more
Economy and financeShoppers storming the China international consumer Expo
Hainan Island will also become the world's largest duty free for food&bev brands
International luxury brands have targeted what they consider the new paradise for their products. We are talking about Haikou, in China's Hainan province, where the third China international consumer products... more
Economy and financeConstellation Brands closes fiscal year with growth
Corona Beer Group's fiscal year shows revenue up +7%: 2024 in line expected
Constellation Brands, the company that makes Corona beer, has reported its financial results for fiscal year and fourth quarter 2023 and outlook for fiscal year 2024. Well the numbers are positive, so... more
Economy and financeMore than 2 million seized from Italian wine union
Lombard Prosecutor's Office of the Court of Auditors puts European funds from Native grapes academy project under
Over two million euros. This is the amount seized by the Milan Prosecutor's Office of the Court of Auditors from the Italian Wine Union. The company, one of the best known in the wine industry with 709... more
Economy and financeSerious crisis for Bordeaux winemakers
The vignerons are asking the government to subsidize the destruction of surplus wine
Bordeaux winemakers are in crisis. Last weekend they asked the French government for financial aid for the grubbing up of vines, in the amount of 10%, in the region with a high wine-growing vocation. The... more
Economy and financeFine wine: Sotheby's closes with €121 million
Auction sales up 9 percent over 2022, according to an analysis
Fine wine also holds sway at auctions. This is reported in an analysis by the Pambianco Observatory on the wine sector. The study highlights how for the sector, 2022 was "a wonderful year for fine wine,"... more
Economy and financeIreland insists on anti-alcohol labels, Rome holds back
The Ministry of Health confirms that in "2 or 3 months" it will be able to initiate the law
Ireland is going its own way with regards to the idea of integrating health indications on possible harm into alcohol labels, and Italy is preparing for a battle on all possible fronts in order to limit... more
Economy and financeItalian sparkling wine record abroad
By the end of 2022, 700 million bottles had been uncorked
After New Year's Eve, it's time for first balance sheets. First of all for the Italian bubbles. The first data claim that the historic record for made in Italy toasts was reached in the world in 2022.... more
Economy and financeExport, record of the Italian agri-food districts in the 1st quarter
According to the Intesa Sanpaolo report, the share of EUR 6B has been reached (+15.4%)
In the 1Q2022, exports from the Italian agri-food districts reached a record value of EUR 6 billion, up by 811 million (+ 15.4%) compared to the same period of 2021. The result partly reflects the inflationary... more
Economy and financeWine, positive first four months for Brunello
Almost sold out for 2016, 60% of 2017 production already on the market
First four months in good health for Brunello di Montalcino, with the 2 vintages making its debut on the market (Riserva 2016 and 2017) protagonists of excellent performances. This was revealed by the... more
Economy and financeCaffè Borbone drives the accounts of Italmobiliare
Growth results also for the subsidiaries Capitelli (cured meats) and Callmewine.com
The board of directors of Italmobiliare SpA, which examined the 2021 financial statements, with revenues of 1,579 million euros, showing an overall improvement of 25% compared to 2020 and growth of more... more
Economy and financeContri Spumanti: Credem PE acquires minority interest
Investment of 18 million euros
Credem Private Equity sgr, the private equity management company of the Credem Group, has completed the acquisition of a minority stake in the controlling vehicle of Contri Spumanti spa through the three... more
Economy and financeSan Daniele Dop ham: turnover up 14% in 2021
2.8 million hams sold for a total of 350 million euros
The increase in the number of processed thighs and pre-sliced trays led to an increase in sales compared to last year. Excellent results also on the export front. more
Economy and financeAgri-food made in Italy: the sector beats Covid
It is worth 522 billion euros (15% of GDP), according to the Tor Vergata University study
One year after the outbreak of the pandemic, the made in Italy agri-food sector passes the Covid test: in fact, in 2020 the sector is worth 522 billion euros, representing a good 15% of Italian GDP. It... more
Economy and financeRevolving pledge: agreement Crédit Agricole Italia and the Chianti Classico Consortium
Cooperation between farms, local authorities and the banking system, for the benefit of the area
Crédit Agricole Italia has signed a collaboration agreement with the Chianti Classico Consortium, the protection consortium founded in 1924 to support and enhance its product with a controlled and guaranteed... more
Economy and financeNew agreement between Crédit Agricole and the Brunello di Montalcino wine consortium
Objective: to activate the Revolving Pledge and strengthen the Italian wine sector
Crédit Agricole Italia has signed an innovative collaboration agreement with the Brunello di Montalcino wine consortium, born in 1967 to support and enhance its product with a controlled and guaranteed... more
Economy and financeAltria will sell the Ste. Michelle wine business for $ 1.2 billion
The business will pass into the hands of the private equity firm Sycamore Partners Management
Altria entered into an agreement to sell its US business Ste. Michelle Wine Estates to private equity firm Sycamore Partners Management for approximately $ 1.2 billion. Ste. Michelle produces and sells... more
Economy and financeThe Agnelli Family focus on precision farming
Cnh, controlled by Exor, launches a 2.1 billion takeover bid on the American Raven
Cnh Industrial, the giant of earthmoving and agricultural machinery, controlled by the Exor of the Agnelli family, has launched an amicable takeover bid on the American Raven Industries with a substantial... more
Economy and financeThe M&A of Food & Beverage suffers little from Covid
Accordinng to Pwc, + 36.3% value of operations in 2020, + 207% Italy
Mergers and acquisitions in the Food & Beverage sector suffered little from the effects of the Covid-19 pandemic. According to an analysis carried out by Pwc, in 2020 the sector recorded, globally, an... more
Economy and financeCdp and Sace help IWB in M&A
They subscribe bonds for 25 million, closed early placement of 130 million
Cassa Depositi e Prestiti and Sace support Italian Wine Brands for possible extraordinary acquisitions. The two public conglomerates have subscribed a share equal to 25 million of the 130 million bond... more
Economy and financeWine. Issue of bonds to support the Italian supply chain
Provided with 21 million for Masi, Pasqua and Feudi San Gregorio
Cdp and Unicredit anchor investor for 50% of the value. more
Economy and financeCaviro presents the second sustainability report
555 thousand tons of managed agro-industrial waste per year and total energy self-sufficiency
82,000 tons of C0 2 of fossil origin, equivalent to the absorption capacity of a forest of 19,000 hectares, an extension greater than the city of Milan: this is the saving of C0 2 emissions into the atmosphere... more
Economy and financeCantina Bolzano records a slight decline in 2020
The company resists thanks to the retail and online food trade
In the commercial year 2019/2020 (from 1 August 2019 to 31 July 2020) Cantina Bolzano recorded a slight decrease, while from 1 August 2020 the negative decline was slightly accentuated: this is attributable... more
Economy and financeLabels, Italy seeks international allies against the Nutri-Score
Minister Patuanelli said this when speaking in Parliament
"We are organizing together with some European countries that, like Italy, are fighting against the introduction of an absurd traffic light classification of front-pack nutrition labeling. This will be... more
Economy and financeWine revolving pledge: agreement between Mps and the Franciacorta Consortium
Opening of current account credit to give liquidity to wineries with an innovative tool
Banca Monte dei Paschi di Siena and Consortium for the Protection of Franciacorta Wine recently signed an agreement for the revolving pledge on wine to facilitate investments by member companies at a time... more
WinesFrance. Cut in sales also for Rémy Cointreau
Registered -4.1% in the first nine months of 2020
Rémy Cointreau achieved a turnover of 780.9 million Euros in the first nine months of its last fiscal year, which ended in December, recording a decrease of 4.1% compared to the same period of the previous... more
WinesProsecco Doc: over 500 million bottles in 2020
The Consortium: "Historic milestone but not a point of arrival"
Doc Prosecco closed the year with a 2.8% growth compared to the certified volumes in 2019 which, in absolute values, means an increase of just under 14 million bottles. “This is a historic milestone", c... more