Luca Macario
500 news found
Catering and hospitalityMcDonald's will close hundreds of restaurants in the US
Thirty-year partnership with Walmart in crisis
McDonald's is closing hundreds of restaurants in the United States located within Walmart supermarkets, due to the boom in online shopping and fast food restaurants' growing reliance on drive-through aisles... more
Economy and financeUnigrains and Invitalia invest in Frigomeccanica to accelerate growth
The founding Di Serafino family reinvests significantly and continues to lead the company
The Company is an Italian leader in refrigerated equipment, furniture and technological components for ice cream, coffee, pastry, and retail shops as well as food court areas. more
Packaging and logisticsBerlin Packaging acquires ltalian Glass Line
The Ligurian group had a turnover of around 6 million euros in 2019
Berlin Packaging has announced the acquisition of Glass Line, an Italian supplier of glass and metal packaging specialising in the wine and olive oil markets. The deal – which was made for an undisclosed s... more
Catering and hospitalityAutogrill exits the motorway business in the US
Assets sold for $ 375 million
HmsHost, a subsidiary of Autogrill, S.p.A. announced an agreement to sell its U.S. motorways business for a price of 375 million dollars to a consortium that is majority owned and led by Blackstone Infrastructure... more
WinesChianti starts from China
The Consortium will be present at Vinitaly Chengdu 2021 and opens a channel on WeChat
Despite the health emergency and the restrictions due to Covid19, the relationship between China and the Chianti Wine Consortium continues to consolidate and is ready to implement two important initiatives:... more
FishNutreco, advances the sustainability roadmap
The Dutch giant of animal nutrition joins the Science Based Target initiative
Nutreco, Dutch group, a global leader in animal nutrition and feed for aquaculture, announces the rollout of its sustainability strategy through to the end of 2025. This five-year strategy, called RoadMap... more
Studies and researchPro Caseus, a chip can tell how to make better cheese
Intermizoo, in collaboration with the University of Padova, patents a new index to measure milk quality starting from bulls
Better milk in the barns and more cheese in the dairies is now possible thanks to Pro Caseus, a new tool to predict the cheese-making aptitude of a cow's milk with a gene chip patented by Intermizoo and... more
NewsBrexit. British food exports to the EU collapse
Drop of 75.5%, with a loss of 750 million pounds
Rude awakening for post-Brexit Brits. HMRC data released by the Food and Drink Federation revealed a significant drop in food and beverage exports to the European Union (EU) and other international markets... more
DistributionCarrefour takes over Grupo Big from Walmart
The French group invests 1.1 billion euros and consolidates its presence in Brazil
Carrefour announces to purchase Brazil’s third biggest food retailer Grupo Big from Walmart and Advent International, in a deal that values the company at 7 billion reais (€1.1 billion). The deal aims to... more
Fruit and vegetablesFirst World Congress of Southern Hemisphere Fruit Exporters
They account for 25% of global exports worth $ 14 billion
The symposium, tomorrow 25 March, will be opened by a speech by the FAO Deputy Director General, Beth Bechdol. more
IndustryEnervit, revenues drop in 2020 (-18%)
Boom of e-commerce, which however does not compensate for the losses caused by the pandemic
Enervit, a Lombard company active in the sports food supplement and functional nutrition market, closed 2020 with revenues of € 51.8 million, down by 18% compared to 2019. "In particular, Italy which r... more
DistributionEataly loses 30% of turnover in the year of the pandemic
And in Italy closes the store of Bari
Eataly closes 2020 with sales down by about 30 percent. The figure emerges from the Letter to the shareholders of Tamburi Investment Partners (TIP), the investment holding company with approximately 20%... more
Cheese and dairy productsBel and Lactalis enter exclusive talks to sell Leerdammer
Lactalis will acquire the dairy businesses in Italy, the Netherlands, Germany and Ukraine
Bel Group and Lactalis Group announced they have begun exclusive negotiations having signed a unilateral promise to purchase a business, including Royal Bel Leerdammer NL, Bel Italia, Bel Deutschland,... more
IndustryDe' Longhi conquers Eversys
It rises to 100% of the Swiss industrial group
The Italian De’ Longhi Group, formerly a minority shareholder of the Swiss Eversys group, has reached an agreement to take over the total control of the group. The amount agreed for the remaining 60% s... more
Mineral waters and drinksPE's Clessidra and Magneter confirm entry into Acque Minerali d'Italia
Definitive ok to the arrangement with a capital increase of 50 million
The private equity funds Magneter and Clessidra will receive the majority with an increase of 50 million euros, as anticipated by EFA News last 8/1/2021. Acque Minerali d'Italia was definitively admitted... more
Cheese and dairy productsNewlat Food grows in 2020
The group aims to reach a billion in turnover within 24 months
The board of directors of Newlat Food Spa approved the figures for 2020. The consolidated pro forma revenues of the Group in 2020 amounted to Euro 516.9 million, up 3.2% compared to 2019, on a like-for-like... more
IndustryKellogg to invest €30m in Belgium
In Mechelen Pringles plant, to boost sustainability and production
Us cereal and snacks giant Kellogg Company has announced a €30 million investment in its Pringles plant in Mechelen, Belgium, to boost sustainability and to increase production. The facility is one of t... more
IndustryElica, 2020 Revenues down by 5.7%.
Giulio Cocci is the new CEO
Elica, Italian company specialized in the production of kitchen hoods and listed on the STAR segment of the Italian Stock Exchange, closed 2020 with revenues down by 5.7% to 452.6 million euros. Normalized... more
AgrifoodIsagro: in 2020 back in profit for 16.2M
Growth and possible acquisitions are expected in 2021
The board of Isagro, the company on which it will launch a Gowan takeover bid at € 2.76, approved the 2020 financial statements. The note from the company recalled that a new business model was implemented l... more
FairsVinitaly: 54th edition postponed to 2022
VeronaFiere confirms OperaWine in June
Veronafiere postpones the 54th edition of Vinitaly, the international exhibition of wines and spirits, scheduled from 10 to 13 April next year to 2022. "The permanent uncertainties on the national and... more
Fruit and vegetablesOrsero: total revenues up 3.6%
Approval of the 2020 draft financial statements
The board of directors of Orsero SpA, a company listed on the electronic stock market of Borsa Italiana, Star segment, and holding of the homonymous Group among the leaders in Mediterranean Europe for... more
Conserved and jamsLa Doria dispenses profits of 56.7 million in 2020
Board of Directors proposes a dividend of € 0.50 and approves the 2023 Strategic Plan
La Doria, an Italian leading producer of tomato-based products, ready-made sauces, pulses and fruit juices and beverages for supermarket private labels, dispenses profits of 56.7 million euros in 2020.... more
Cheese and dairy productsGranarolo profits up in 2020 despite the pandemic
Slight drop in turnover due to the reduction in sales in the foodservice sector
The Board of Directors of Granarolo Spa, which met on 11 March under the chairmanship of Gianpiero Calzolari, approved the draft financial statements which will be submitted to the Shareholders' Meeting... more
WinesChianti wine star of e-commerce in China
Second research of the major digital platform for agri-food
The demand for Chianti wine on the Chinese market is growing: according to reports from Pinduoduo, the largest e-commerce platform for the agri-food industry in China, Chianti is among the most requested... more
Economy and financeAgropharmaceuticals. Gowan launches takeover bid on Isagro
The Italian company will be integrated into the activities of the American group and delisted
The American group Gowan will acquire the entire capital of Piemme, the holding that controls Isagro, a Lombard company that operates worldwide in the agropharmaceutical market. Gowan is based in Arizona... more
VideoPastry: here are the samples of the Italian colomba
Interview with Roberto Lestani, president of the Fipgc
In the splendid setting of Villa Campolieto, one of the most beautiful historic homes of the Vesuvian Villas in Ercolano in the province of Naples, the International Federation of Pastry, Ice Cream and... more
WinesClessidra buys the majority stake of Casa Vinicola Botter
IDea Taste of Italy fund sells its stake
Clessidra Sgr has finalised today the acquisition of a majority stake in Casa Vinicola Botter SpA, a Venetian company among the world’s leading exporters of Italian wine owned by the Botter family and I... more
IndustryDe' Longhi grows double-digit in 2020
Revenues of € 2.36 billion (+14.3%), net profit of 200 million (+24.3%)
The board of directors of De' Longhi, one of the leading players in the small domestic appliance business dedicated to the world of coffee, cooking and food preparation, today approved the figures for... more
Studies and researchItalian Large-scale distribution after the 2020 bubble
The Mediobanca research area presents the new edition of the observatory
Lidl Italia is the sales growth champion between 2015 and 2019; in terms of ROI Eurospin stands out; Supermarkets Italiani (Esselunga) is confirmed as the queen of cumulative profits. more
DessertsMondelēz acquires Australian Gourmet Food
A leading food company with a strong position in the premium biscuit and cracker category
Mondelēz International announces acquisition of Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cracker category. Included... more
PeopleLactalis, Giovanni Pomella is the new Italian General Manager
He will supervise all the companies of the group: Parmalat, Galbani and Nuova Castelli
The Lactalis group has appointed Giovanni Pomella as general manager of the group's companies in Italy (Parmalat, Galbani and Nuova Castelli). Pomella, a graduate in Economics and Commerce from Bocconi... more
Import-exportJoint Statement of the European Union and the United States on the Large Civil Aircraft WTO Disputes
From the Office of US Trade Representative
(03/05/2021) “The European Union and the United States today agreed on the mutual suspension for four months of the tariffs related to the World Trade Organization (WTO) Aircraft disputes. The suspension w... more
Cheese and dairy productsCentrale del Latte d'Italia, strong growth in 2020
Jump in operating income attested to 7.4 million (in 2019 it was negative for 5.3 mln)
The board of directors of Centrale del Latte d'Italia, the Italian leader in the fresh and long-life milk market controlled by Newlat Food, approved the financial statements for 2020. The year ended with... more
VideoNestlé sets climate priorities for Europe, Middle East, and North Africa
Speeches by Marco Settembri, CEO Emena, and Katja Seidenschnur, Sustainability Director
In a media event on February 8, 2021 Nestlé has explained its top priorities for Europe, Middle East, and North Africa to reach its 2050 net-zero climate goal. Nestlé revealed that hearly tw-thirds of i... more
CoffeeIllyCaffè, sale of 20% to Rhone Capital concluded
The group does not exclude listing on the stock exchange
illycaffè announced the closing of the sale by the Illy Group of a 20% stake to Rhone Capital, a global private equity company with a focus on investments in companies with a pan-European, North American... more
LiqueursAmaro Montenegro exports with Jet Import
Exclusive agreement for Belgium and Luxembourg
Gruppo Montenegro has announced the partnership with Jet Import, as the new exclusive importer in Belgium and Luxembourg for its entire portfolio of iconic brands, including Amaro Montenegro, Vecchia Romagna,... more
Pasta and bakery productsEbro profits as consumers stock up on rice and pasta during lockdown
36% jump in annual profit
Ebro Foods reported on Thursday a 36% jump in annual profit, with its rice and pasta products particularly popular as coronavirus restrictions forced people to eat more at home. The Spanish owner of brands... more
Cheese and dairy productsIntesa Sanpaolo finances Parmareggio with Italian Guarantee
37 million euros guaranteed by Sace to support investments
Sustainable growth is at the heart of Parmareggio's development project. Among the main operators of the Italian dairy industry, the Emilian company received a loan from Intesa Sanpaolo for 37 million... more
NewsFood Tech Accelerator: here are the selected startups
Third edition of the international accelerator of the food supply chain, from farm to fork
The 8 international startups, chosen from more than 600 applications, were presented today and will follow the path of the FoodTech Accelerator coordinated by Deloitte Officine Innovazione in collaboration... more
DistributionMarr, sales recovering in the second half of the year
The company expects to close 2020 with revenues of over 1.07 billion Euros. Confirmed opening of the new office in Catania
Marr Spa, the Italian leading company in Italy in the sale and distribution to the foodservice of food and non-food products, registered in the second half of 2020, although affected by the restrictions... more
DistributionCarrefour 2020 results show further strong growth
Record commercial performance (+7.8% Like-For-Like)
Carrefour's full-year 2020 gross sales increased by +7.8% on a like-for-like basis. The Group's gross sales stood at €78,820M, an increase of + 4.4% at constant exchange rates. Net sales amounted to €... 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
SuperfoodInsects go to the Stock Exchange
Israeli company FlyingSpArk to go public
FlyingSpArk, which produces an alternative form of protein powder from fruit fly larvae and was founded by Eran Gronich, is planning on making an initial public offering on the Tel Aviv Stock Exchange... more
VideoBufala Campana PDO, one of the most faked products in the world
Exclusive interview with Domenico Raimondo, Consortium for the Protection's President
About 90 associates, with companies whose turnover reaches up to 50 million euros to smaller companies with a turnover of around 2-3 million euros per year, with a fairly large range, ranging from small... more
CoffeeMassimo Zanetti Beverage Group, goodbye to the Milan Stock Exchange
Shares withdrawn from the list today, less than six years after listing
Game over. As anticipated (see EFA News article of 29/1/2021) Massimo Zanetti Beverage Group, a leading company in the production of coffee and in the management of an international network of Segafredo-branded... 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
BeveragePepsiCo grows in 2020: revenues at $ 70.37 billion (+ 4.8%)
Accelerated in the 4th quarter, with sales + 8.8%
PepsiCo in the year ended December 26, 2020 had net sales of $ 70.37 billion. Operating profit was $ 10.08 billion, down 2% from last year's $ 10.29 billion figure. The company's division into Asia Pacific,... more