Foreign
167 news found
IndustryPoultry: Franco-Hungarian Tranzit invests € 55 million
That is 20 billion forints for development of its plants
The Tranzit Group, a company operating in the poultry meat processing sector, will invest 20 billion florins, equal to approximately 55 million euros, in the development of its factories. The company owns... more
Mineral waters and drinksUSA. Quench (Culligan) acquires Get Filtered water dispensers
The transaction adds to purchase of Pure Water Technology, Sunnybrook Water Company and Dove Water
Culligan-owned Quench has announced the acquisition of Get Filtered, a Texas-based provider of mains-fed drinking water systems. Founded in 2008 and headquartered in McAllen, Texas, Get Filtered serves... more
IndustryUSA. Ends the Pilgrim's Pride and Tyson lawsuit on chicken prices
The companies, accused of having made a trust, reach the settlement agreements of dispute
Pilgrim’s Pride and Tyson Foods have agreed to settle claims made by a group of poultry buyers that accused them of conspiring to inflate chicken prices. The US chicken producers reached a deal on Monday t... more
IndustryUSA. Tyson Foods invests on bacon
$ 26 million to increase production at a Wright Brand facility
Tyson Foods has announced a $ 26 million investment to increase bacon production at Wright Brand's Vernon, Texas facility. The expansion project, which is expected to be completed by March this year, will... more
ForeignVenchi debuts on Broadway
The new store in New York opens at Columbus Circle
Venchi Fine Italian Chocolates has opened its doors at 1796 Broadway between 58th and 59th Streets in Columbus Circle. Founded in 1878, Venchi sells a wide variety of gluten-free gourmet chocolates, pralines,... more
IndustryTyson Ventures invests in vegetable shrimp
New Wave Foods raises $ 18 million in a series A funding round
New Wave Foods, a San Francisco, California-based manufacturer of a plant-based shrimp alternative, raised $ 18 million in a Series A funding round, Forbes reported. This figure includes an investment... more
IndustryMetro strengthens in Spain with the acquisition of Davigel
An agreement between Sysco France, Davigel Spain and Makro Spain
Metro acquires Davigel España, a restaurant services company (FSD) until now controlled by the US wholesaler Sysco, to strengthen the company's strategy in the Spanish horeca market, where it operates... more
IndustryInspire Brands, acquisition of Dunkin' Brands is completed
The Group's restaurants are now 31,600, with a turnover of 26 billion
Inspire Brands, announced the completion of the $ 11.3 billion acquisition of Dunkin' Group. With the annexation of Dunkin' and Baskin-Robbins, Inspire now owns nearly 32,000 restaurants in more than 60... more
ForeignFood: export of products from Argentina rises
Main destinations Brazil, United States, Russia, China, Netherlands, Spain, Chile and Italy
In the first 10 months of 2020, exports from Argentina in the food and beverage category increased by 9.2% in volume compared to the same period of the previous year. Cherries are at the top of the ranking,... more
MeatsGlobal meat market 2020: the FAO outlook
337.3 million tons (-0.5%) produced, expected drop in production, mainly in Asia due to PSA
Attached is the FAO "Food Outlook - Biannual Report on Global Food Markets" more
ForeignRussia vetoes the import of tomatoes from Azerbaijan
Imposed on 10 December with apples's embargo
The Russian Federal Veterinary and Phytosanitary Surveillance Authority Rosselkhoznadzor has lifted the ban on the import of tomatoes grown in Azerbaijan. The decision to lift the embargo came into effect... more
ForeignSoon the first Nutella food truck in Tel-Aviv
It will be located in a large shopping complex in the city center
Within a couple of weeks, the first Nutella food truck will be inaugurated in Tel-Aviv, Israel. A sort of coffee shop located within the "Walla House" complex, in the city center. The initiative is the... more
ForeignPoland: agreement between Auchan Retail Polska and BP
At BP petrol stations, Auchan stores with products including food, organic and vegan
Auchan Retail Polska and the BP petrol station chain have announced the start of a strategic cooperation on the Polish market, whereby BP stations will open stores in a new convenience shop-like format... more
ForeignRussia ponders freezing prices of sugar and sunflower oil
Two of the products being studied to stabilize the consumer goods market
Short from abroad. Russian Prime Deputy Minister Andrej Belousov told the local press that, among the measures being studied by the Government for the stabilization of the consumer goods market, there... more
BeverageIsrael opens up to parallel imports of alcoholic beverages
To reduce costs, go ahead not only from the country of origin or production. Wine excluded from the measure
The Israeli Ministry of Economy opens the market for alcoholic beverages with parallel importation from all countries of the world and not only from that of origin or production. According to Israeli importers... more
ForeignFarm to Fork and EU Biodiversity: impacts on the economy and food security
Study conducted by the United States Department of Agriculture
The European Commission (Ce) has announced its Farm to Fork and Biodiversity strategies which could result in restrictions on EU agriculture, through targeted reductions in the exploitation of land, in... more
IndustryEurostands lands in the Middle East with a new representative office
The company could build the pavilions of Expo Dubai 2021-22
Eurostands, an Italian company active for over 70 years in the exhibition, fitting out and retail sector, after having adapted to transformations to overcome the economic crisis, finds new life and continuity... more
WinesChina imposes duties of up to 200% on imports of Australian wine
Canberra calls it an "unjustifiable" action
China has imposed preliminary anti-dumping measures on wine imports from Australia, including duties up to 200%; move that Australia has called unjustifiable. The announcement, made by the Chinese Ministry... more
IndustryUnilever completes the unification process, becomes a UK listed company
It will maintain listings on the Amsterdam, London and New York stock exchanges
Unilever has completed the legal unification of its group; Unilever Plc will operate under a single parent company from today. Since its establishment in 1930, the company has been owned by two different... more
IndustryDe′ Longhi acquires Capital Brands for $420 million
US first market of the Group, aggregate turnover $500 million
De 'Longhi has reached an agreement with the affiliates of Center Lane Partners to acquire Capital Brands Holdings, Inc., one of the leading companies in the personal blenders segment with the Nutribullet... more
ForeignFerrero and Ilo in Turkey, to fight child labor in the hazelnut harvest
40 months of project and a contribution of over 4 million dollars
Ferrero supports Ilo (International Labor Organization) in the implementation of a project in Turkey, lasting 40 months, to contribute to the elimination of the worst forms of child labor in seasonal agriculture... more
ForeignNestlé reveals new names of Australian confectionery brands
Allen's Red Skins and Chicos, "racist shades that are not in step with the company's values"
Nestlé has renamed its Allen's Red Skins and Chicos lollipops to Red Ripper and Cheekies, in response to "shades that are out of step with the company's values." The brand's products underwent overhaul... more
ForeignGerber (Nestlé) unveils the frozen Freshful Start range for children
Nutritious options for little ones's meals
Gerber, a Nestlé-owned brand, enters the frozen food sector with the launch of a new line of organic morsels based on vegetables and whole grains. According to the company, the products of the Freshful... more
ForeignNomad Foods acquires Findus Switzerland for 110 million euros
The transaction will unify the ownership of the Group across Europe
Nomad Foods Limited announced today that it has entered into an agreement for the acquisition of Findus Switzerland from Froneri International Ltd, and of certain properties of a Nestlé SA subsidiary... more
ForeignNestlé takes over the majority of Mindful Chef
Company producing nutritionally balanced ready meals in the UK
Nestlé announced the acquisition of a majority stake in the British company Mindful Chef in a move to strengthen its direct-to-consumer offering in the UK and Ireland. Founded in 2015, Mindful Chef offers... more
DistributionThird quarter Kraft Heinz, sales growth in all sectors
Up 6%, reached $ 6.44 billion thanks to "at home" consumption
The Kraft Heinz business report for Q3 2020 shows net sales growth across all six consumer platforms as families continue to eat and cook more at home. Thanks to sustained at-home consumption in the third... more
ForeignMcDonald's hires a new chief diversity officer
Reginald Miller will become the company's head of equity and diversity inclusion
McDonald's has hired a new chief diversity officer. From November 9, Reginald Miller will become the company's global head of equity and diversity inclusion. Miller was previously the Head of Diversity... more
ForeignMondelēz International 3Q2020 results
Net revenues + 4.9%, gross profit increased by 276 million dollars
Mondelēz International, today reported the company results for the third quarter of 2020. "Our third quarter performance was strong across all key metrics, with broad-based revenue growth as demand remained... more
ForeignItalian companies at the China International Import Expo
Ferrero too at the Shangai's show, with 8 new products
An Italian business delegation will participate in the third edition of the China International Import Expo (CIIE) with over 80 exhibitors. "The Italian companies involved in the exhibition this year are... more
BeverageAB InBev: sales increase, +12.8 billion dollars in the third quarter
Positive performance in Brazil and the United States, Colombia and South Africa in down
AB InBev recorded an improvement in the number of sales in the third quarter, driven by the continued strength of the premiumisation trend with innovations such as seltzer Bud Light having a positive impact... more