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Government actsUE Council: sponsorship of the Presidency is a matter for the Member State
Reply to Question about Coca-Cola's sponsorship of Romania's Presidency
Reply, 14.5.2019. The organisation of the Presidency, including a decision to seek sponsorship for elements of the Presidency, is a matter for the Member State authorities concerned. It is not for the... more
CoffeeMassimo Zanetti Beverage reports 1Q revenues up 3% to 218 million euros
The net profit amounts to Euro 2.4 million
Massimo Zanetti Beverage Group S.p.A., one of the leading brands worldwide in the production, processing and marketing of roasted coffee (Segafredo), approved the Financial Report as at March 31st 2019.Revenues... more
PeopleDamien Rebourg appointed Chief Communications Officer of Elior Group
Reporting to Philippe Guillemot, Chief Executive Officer
Elior Group announces the appointment of Damien Rebourg as Chief Communications Officer. He reports to Philippe Guillemot, Chief Executive Officer, and becomes a member of the Group Executive Committee.Damien... more
CoffeeCaffè Borbone confirms its strong performance with revenue up 28.6% in 1Q
Growth was also supported by an effective marketing strategy, headed by the launch of a new advertising campaign
The Board of Directors of Italmobiliare S.p.A. – the Pesenti's family investment holding company owner of a majority stake in Caffè Borbone, one of the top names on the national market and a leading su... more
CateringHMSHost (Autogrill) enters the Food & Beverage service sector for American Airlines' lounges
The agreement concerns 51 locations in North America and will last 5 years
Italian Autogrill Spa, through its subsidiary HMSHost, will be the exclusive food&beverage service supplier for American Airlines’ airport lounges throughout North America for the next five years, with a... more
Frozen foodsGelit back to Italian investors
Conagra Brands sells frozen food business
Conagra Brands has entered into an agreement to divest its Italy-based frozen pasta business Gelit to a group of Italian investors consisting in private equity firms Consilum and Progressio and entrepreneur Massimo... more
VideoGarofalo, the pasta symbol of Gragnano
Interview with Francesco Gallo, export manager of the historic pasta factory
Pastificio Lucio Garofalo is the first Gragnano - the little town close to Naples - pasta factory in terms of size, quality and volumes, thanks to its ability to keep the tradition alive by putting it... more
Veg worldBurger King announced it's adding the veg Whopper to every store in the U.S.
The test of the vegetable patty made with Impossible Foods in St. Louis went well
Burger King says it's adding the veg burger - called Impossible Whopper - to every store in the U.S. after a test of the vegetable patty in 59 stores located in St. Louis went well. A spokesperson... more
CateringDomino's Pizza, strong growth in 1st quarter 2019
Global retail sales of nearly $3.3 billion (+4,6%). The Italian branch reaches 30 stores
In the first quarter of 2019, Domino's had global retail sales of nearly $3.3 billion (+4,6%), with over $1.6 billion in the U.S. and nearly $1.7 billion internationally.The largest pizza company in... more
Government actsTomato exports from Ukraine have increased enormously
From 1.894 tonnes to more than 40.000 tonnes in 2017: possibility of suspending the concessions granted by UE?
UE question by MP Ramón Luis Valcárcel Siso (PPE) and Gabriel Mato (PPE) more
Food safetyEFSA launch the campaign to remind the European food safety system benefit
#EUandMyFood – promoting the value of EU food safety
EFSA, the EU Member States and the European Commission are jointly launching a campaign called #EUandMyFood. The aim is to remind EU citizens how we all benefit from the European food safety system that... more
DistributionMarr: the Shareholders’ Meeting approved the 2018 financial statements
Consolidated revenues amounting to Euro 1,667.4 mln
The Shareholders’ Meeting of Marr Spa, the leading company in Italy in the sale and distribution of food products to the foodservice sector, approved the 2018 financial statements. The 2018 business y... more
BeverageHeineken records strong first quarter
Net profit of €299 million. Strong double digit growth of Italian Ichnusa
Heineken has recorded first-quarter net profit of €299 million (€260 in 1Q18), in part thanks to volume increases across all regions.Beer volume was up 4.3% organically, driven by strong single-digit vol... more
PeopleCEO Hees to leave Kraft Heinz
Replaced by former AB InBev Miguel Patricio
Kraft Heinz CEO Bernardo Hees will step down from his role this July after six years in charge, to be replaced by Miguel Patricio, ex AB InBev executive. Patricio, a Portuguese national, has a career spanning... more
NewsFirst single use plastic free flight by Etihad
Touched down in Brisbane On Earth Day
The carrier has identified almost one hundred products used in the cabin more
Cheese and dairy productsGranarolo acquires majority stake in Italian company Venchiaredo
The Company is specialized in the production of stracchino cheese
Italian dairy company Granarolo has bought a majority stake in cheesemaker Venchiaredo for an undisclosed sum. The deal sees Bologna-headquartered Granarolo increase its stake in the company from 33.5%... more
CoffeeIma announces closing of the acquisitions of Spreafico Automation and Tecmar
Significant strengthening of the <company in the coffee sector
Ima, the Italian leader in packaging based in Bologna, and the Spreafico family completed the closing for the purchase of 70% of Spreafico Automation S.r.l.; the company, based in Calolziocorte (Lecco),... more
DessertsNestlé reports sales up 3.4% in 1Q
The Company reached revenue of SFr22.2bn ($21.9bn)
Nestlé confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States, Brazil and China helped it post better-than-expected sales growth in the first... more
FinanceUnilever announced its results for the first quarter of 2019
First quarter results show solid growth led by emerging markets
Today, Unilever announced its results for the first quarter of 2019, which show underlying sales growth of 3.1%, led by our emerging market business which grew 5.0%. more
FinanceGreen Arrow SGR buys majority of Labware
The Company is active in the production of integrated systems for the point of sales in the foodservice and retail business
Green Arrow Capital SGR Private Equity Team finalized the acquisition of the majority of LABWARE, an Italian company based in Civitanova M. (Macerata- Italy), which has been active for over 20 years in... more
CoffeeShareholders’ Meeting of Mzb Groups approves 2018 Financial Results
It will be distributed a dividend of Euro 0.19 per share
The Shareholders’ meeting of Massimo Zanetti Beverage Group S.p.A. (“MZBG” or the “Company”), one of the leading international company in the production, processing and marketing of roasted coffee listed on... more
DessertsBarry Callebaut, strong acceleration in sales growth in 2Q
Sales revenue increased by +6.0% to CHF 3,672.7 mln
The Barry Callebaut Group – the world’s leading manufacturer of high-quality chocolate and cocoa products – saw an acceleration in sales volume growth in the second quarter (+3.1%), leading to a +2.4%... more
AgricultureAirbus DS and Climate join forces to empower farmers with reliable satellite imagery
Via an active platform in digital agriculture
Airbus Defence and Space (DS) and The Climate Corporation (Climate), a subsidiary of Bayer, have announced a new global agreement to deliver frequently updated satellite imagery from Airbus to farmers... more
FinanceCargill, third-quarter profit rise thanks to cost efficiencies
Net earnings were $566 million (+14%), revenues decreased 4% to $26.9 billion
Cargill today reported results for the fiscal 2019 third quarter and first nine months ended Feb. 28, 2019. Key measures include net earnings on a U.S. GAAP basis for the quarter were $566 million, a 14... more
DessertsFerrero to acquire Kellogg Company's cookies and fruit snacks business
The Italian Company continues to strengthen its position in the North American market
The Ferrero Group, the Italian global confectionary group, today announced a definitive agreement pursuant to which it will acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust... more
Ice creamIFF’s Frutarom buys 70% stake in gelato ingredients maker Leagel
Leagel serves 1600 direct customers and distributors, in 25 European countries
International Flavors & Fragrances (IFF) has announced that its Frutarom division has acquired a 70% stake in ice cream ingredients producer Leagel. San Marino-based Leagel makes a range of gelato, ice... more
CateringMcDonald’s to buy Israeli digital startup Dynamic Yield
The Company will pay more than $300M, according to WSJ
McDonald's agrees to acquire Israeli personalization and decision logic technology company Dynamic Yield, which MCD says will make it one of the first companies to integrate decision technology into... more
FinanceStarbucks invests $100m in new fund to support food start-ups
Valor Siren Ventures will be managed by Valor Equity Partners
Starbucks is committing $100 million to a new investment fund, Valor Siren Ventures, which will partner with companies that are developing technologies, products and solutions in the food and retail space.... more
DistributionIVS France (vending) wins the tender for the Paris Metro
Around 1,300 vending machines are installed in the Metro transport system
IVS Group informs that its subsidiary IVS France has won the tender relating to the installation and management of the vending machines located in the Paris Metro and in the connected public transport... more
PeoplePepsiCo announces senior leadership appointments for Latin America business
Paula Santilli has been appointed to the role of Chief Executive Officer, LatAm
PepsiCo, Inc. today announced two senior leadership appointments for its Latin America (LatAm) business effective May 1, 2019: Paula Santilli and Roberto Martinez more