Industry
119 news found
IndustrySperlari, Saila and Galatine enter the register of historical brands
National recognition of excellence on the company's 185th birthday
Important recognition for Sperlari, which enters the register of historical brands of national interest set up by the Italian Ministry of Economic Development in 2019 to protect the industrial property... more
IndustryNestlé grows in 2020 on an organic basis
Turnover and profits down due divestitures and exchange rates
Divestitures weigh heavily on Nestlé, but the multinational in 2020 recorded a net increase in sales on an organic basis (net of acquisitions, divestitures and currency effects), driven above all by those... more
IndustryAntares Vision expands its capabilities through the acquisition of Rfxcel
A leading US-based Software-as-a-Service company
Antares Vision, an Italian leading global provider of intelligent Track & Trace, Inspection and Smart Data Management solutions for the Life Science and Food & Beverage sectors, announced entering into... more
IndustryNestlé agrees on sale of Waters North America brands
Perrier, S.Pellegrino and Acqua Panna are not included in the agreement
Nestlé S.A. today announced that it has reached an agreement to sell its regional spring water brands, purified water business and beverage delivery service in the U.S. and Canada to One Rock Capital... more
IndustryBat awarded by e-cig
Earnings and dividends grow
British American Tobacco awarded by electronic cigarettes. The second world group active in the production of tobacco and derivatives recorded, in the fiscal year 2020, a higher profit than expected thanks... more
IndustryVorwerk Italy: 2020 record for Bimby Thermomix
Turnover + 10%, thanks to online demonstrations
A record 2020 for Bimby Thermomix. In fact, the Vorwerk Italia food processor division closed the year surpassing forecasts and posting a 9.7% growth in turnover compared to the previous year; increase... more
IndustryUnifrutti finalizes the acquisition of Dimifruit in Almeria
Greenhouse production of sustainable vegetables enriches the Group's offer in Europe
Unifrutti starts 2021 by focusing on diversification, finalizing the acquisition of Dimifruit in Almeria. The European operation is part of a global strategy that continues to include well-established... more
IndustryCanada: Quench (Culligan) acquires Trusource H2O
The transaction is the Group's tenth purchase since the beginning of 2020
Quench, a company that rents and distributes filtered water chillers, operating in the United States and Canada and a brand owned by Culligan, has acquired Trusource H2O Canada. The latter is a provider... more
IndustryElica (hoods), positive impact of 4th quarter on numbers for the year
Total revenues 2020 equal to 452.6 million (-5.7%), net profit 8.5 million
The Elica group of Fabriano (Marche Region), leader in the production of hoods and extraction systems for kitchens, presented the main preliminary consolidated results for the year 2020. The group achieved... more
IndustryUSA. Freshly (Nestlé) opens 5th distribution center
The Austell site generates 250 new jobs
Freshly, a home-cooked meal delivery company, has opened a distribution center in Austell generating 250 new jobs, according to a press release on February 10, 2020. The 134,000-square-foot facility located... more
IndustryKraft Heinz sells nuts to Hormel foods
Cash transaction of $ 3.35 billion
TheKraft Heinz Company (Kraft Heinz) announced today that it has entered into a definitive agreement to sell its nut business to Hormel Foods Corporation via a $ 3.35 billion cash transaction. The transaction... more
IndustryCcbsa triples the shareholding of employees
The Group collaborates with the Government for a more inclusive economy in South Africa
Coca-Cola Beverages South Africa (Ccbsa) announced a 20% increase in the stake held by employees and black empowerment investors in the company. "This agreement will lead employees to increase their current... more
IndustrySedamyl (ingredients) expands to UK
It invests £ 80m to double the production of Selby plant
Piedmont-based Sedamyl, a leader in the production of starches, sweeteners, proteins, alcohols, and ingredients for all major food and industrial applications, has announced a major £ 80 million expansion... more
IndustryHeineken Spain, first beverage company "Zero Waste to Landfill"
The Cruzcampo plant recycled over 1,148 tons of waste in 2020
Heineken Spain awarded the seal "From Waste to Resources: Zero to Landfill" by Saica Natur. This is a big step forward in sustainability, leading the company to be the first beverage producer in the country... more
IndustrySardinia: intelligent distribution for tomato processing
Casar chooses Abb to manage the electrical distribution of his plant
Casar Srl is a company that has been processing tomatoes grown exclusively in the Sardinian countryside since 1962 and its production plant in Serramanna (Su) occupies an area of about 120,000 square meters,... more
IndustryNestlé sets climate priorities for Europe, Middle East, and North Africa
Objective: reach its 2050 net-zero climate goal
Nestlé has today explained its top priorities for Europe, Middle East, and North Africa to reach its 2050 net-zero climate goal. Nestlé revealed that nearly two-thirds of its total emissions are linked t... more
IndustryFaema (Cimbali Group) settles in Japan
New partnership with Dksh Japan for expansion in the Asia-Pacific area
Faema, a brand of the Cimbali Group, an Italian company active in the sector of professional espresso coffee machines, signs a strategic partnership and an exclusive distribution agreement with Dksh Japan... more
IndustryUnilever, 2020 turnover drops to 50.7 billion euros (-2.4%)
The fourth quarter weighs (-4.2%) and the exchange rate effect. It's boom for The Vegetable Butcher
Unilever recorded revenues of € 50.7 billion in 2020, down 2.4%, mainly due to the negative impact of 5.4% of balance sheet items related to currency, after 12 months characterized by market volatility d... more
IndustryUk. Heineken completes the acquisition of Brixton Brewery
The Group "paves the way" for the small Londoner brewery
Heineken has announced its full acquisition of Brixton Brewery, three years after it took a minority stake in the south London-based craft brewer. Upon closing the transaction, Brixton Brewery is now a... more
IndustryBarilla acquires Canadian Catelli dry Pasta
An operation of approximately 107 million euros
On 29 January Barilla completed the closing of the acquisition of Catelli dry Pasta in Canada from the Spanish giant Ebro Foods. The agreement includes the Catelli, Lancia and Splendor brands and the plant... more
IndustryOrsero expects revenue consolidation
Group approves budget projections for the year 2021
On the basis of the budget projections approved for the 2021 financial year, the board of directors of Orsero SpA communicates, in continuity with the previous year, the guidance with reference to the... more
IndustryMondelēz, a year to be framed
Revenues up 3.7%, equal to $ 26.5 billion, net profit stood at 3.72 billion
Mondelēz International, published the financial results for the fourth quarter of 2020. The Group's net revenues for the year increased by 2.8% and amounted to $ 26.5 billion mainly thanks to the... more
BeverageDiageo communicates an encouraging recovery
Interim financial results for 2021, half year ended 31 December 2020
"We performed well, despite a very challenging operating environment, characterized by organic growth in sales during the half-year analyzed. We quickly moved towards new channels that could represent... more
IndustryEU Antitrust investigates on Mondelēz
Possible practices of restricting competition on European national markets
The European Commission has opened an antitrust investigation into Mondelēz, the food giant among the largest producers of chocolate, biscuits and coffee in Europe. The American multinational has come... more
IndustryStarbucks: revenue in red in the first fiscal quarter
Recorded a 5% drop
Starbucks Corporation reported results for the first quarter of fiscal year 2021, in which earnings exceeded analysts' estimates for the fifth consecutive quarter, but revenue did not meet the Group's... more
IndustryDe' Longhi: strong growth in 2020 preliminary revenues
Double digit in all macro areas, with the exception of Meia area
In 2020 the De' Longhi Group achieved revenues of about € 2.353,1 million, above expectations and equal to a growth of 12% (13.9% in organic terms) and of 12.5% normalized, after a fourth quarter g... more
IndustryV-Finance partner of Borsa Italiana's "Sustainable Finance" program
The company will assist SMEs in path of sustainability
V-Finance, the company of the Ir Top Consulting Group, specialized in innovative and sustainable finance, adheres to the “Sustainable Finance Partnership” of the Italian Stock Exchange. V-Finance as a p... more
IndustryBall Corp. (Aluminum), new plant in Czech Republic
170 million Euros to increase production in the EMEA region
Ball Corporation has announced plans for a new €170 million aluminium can plant in the Czech Republic, as it looks to boost its output in the EMEA region. The company says that it intends to begin construction o... more
BeverageMahou San Miguel expands its deal with AB InBev
10 references from Beck's, Spaten and Löwenbräu distributed in Spain
The Mahou San Miguel brewery extends the marketing agreement in Spain with the Belgian multinational AB InBev, one year after the start of the collaboration between the two companies. Therefore, starting... more
IndustryGodiva lowers the shutters in North America
Closing of 128 shops and cafes in the country
Chocolatier Godiva chiuderà i suoi 128 negozi e caffetterie in tutto il Nord America alla fine di marzo, ha annunciato la società domenica, citando una diminuzione della domanda di acquisti di persona d... more