Industry
331 news found
IndustrySaputo: two new acquisitions in the dairy alternatives sector
A total investment of 72.6 million dollars
The Montreal-based dairy company Saputo has announced two strategic acquisitions in the dairy alternatives and value-added ingredients sectors, for a total investment of 187 million Cad (approximately... more
IndustryMarfrig acquires a quarter of the Brf shares
An operation of approximately 800 million dollars
The Brazilian meat company Marfrig has acquired a minority stake of 24% of the local competitor Brf. The shares were purchased for approximately $ 800 million, as confirmed by Reuters. Marfrig explained... more
IndustryMondelēz eats Chipita for $ 2 billion
Greek company specializing in baked goods (croissants and snacks) in Central-Eastern Europe
Mondelēz International announced the acquisition of Hellenic company Chipita Sa, a major player in the croissant and baked snack category in Central and Eastern Europe, for $ 2 billion. Chipita was founded... more
IndustrySweet Products Group winks at the Cémoi chocolaterie
Negotiations are underway for a Franco-Belgian business marriage
If the "wedding" takes place, the impact on the chocolate market, not only in Europe, will be strong: the new entity will invoice 1.2 billion euros, employ 5,000 people and manage 24 production plants in Europe, the United States and England and Ivory Coast more
IndustryFerrero: agreement with Falck Renewables for clean energy
The Alba group aims to source 100% from renewable sources
Ferrero has signed a Virtual Power Purchase Agreement (PPA) with Falck Renewables, an international operator in the field of renewable energy, to produce and feed into the grid 100% renewable green electricity,... more
IndustryCentric enters the Food and Beverage market
Plm solutions for manufacturers, retailers and brands
Centric Software has launched Product Lifestyle Management solutions specifically for the food and beverage industry. Centric Software provides enterprise solutions to plan, design, develop and sell apparel,... more
IndustryEquipment: Arcelik (Beko) takes over Whirpool Turkey
The acquisition, worth 78.3 million euros, also includes a plant with 1000 employees
Arçelik, the Turkish group that represents the second largest household appliance company in Europe by market share, with a consolidated turnover of 5 billion euros in 2019, controlling among others the... more
IndustryGranarolo acquires 100% of Granarolo Uk
An M&A campaign begins in Italy and abroad
Granarolo SpA announces the acquisition of 49% of Granarolo Uk Ltd and increases its share capital from 51% to 100% with a view to consolidating its presence in the United Kingdom, as happened in France.... more
IndustryBasf celebrates its first 75 years in Italy
The communication campaign inspired by "The formula of the future" is underway
Present in our country since 1946, this year Basf celebrates its first 75 years in Italy with "The formula of the future": a communication campaign that reaffirms the contribution that the Group offers... more
IndustryDe' Longhi: a record first quarter
Strong expansion of turnover (€ 625.7 million) and margins
The Board of Directors of De’ Longhi SpA today approved the results for the first quarter of 2021. Consolidated revenues for the first quarter amounted to € 678.7 million, growing by 72.6%. The expansion of... more
IndustryKellogg launches the wellness manifesto
Actions in collaboration with Banco Alimentare and the Italian Red Cross
The new wellness manifesto launched in recent days by Kellogg at a European level is a story that highlights how social commitment, environmental and nutritional benefits go hand in hand. "A holistic vision... more
IndustryAcqua San Benedetto with Ca' Foscari University for a new training project
Develop transversal skills of current and future managers of the company
Consistent with the corporate mission of development and growth of internal resources, San Benedetto launches the training project in partnership with the Ca 'Foscari Challenge School and financed by the... more
IndustryLavazza: the first roasting shop opens in the United States
A new facility will be built in West Chester, Pennsylvania by fall 2021
Lavazza North America, part of the Italian coffee company Lavazza, will build the first coffee roasting and packaging plant in the United States. The opening of the new plant is scheduled for October 2021... more
IndustryHiperbaric presents the Hpp Innovation Week
Event on high pressure processing technology for the food and beverage industry
The HPP Innovation Week 2021 is the reference event on high pressure processing technology (HPP) for the food and beverage industry. A virtual conference that will bring together manufacturers, retailers,... more
IndustryNestlé acquires core brands of The Bountiful Company
The transaction is valued at USD 5.75 billion
The Swiss giant expands health and nutrition portfolio. more
IndustryGuala Closures accelerates on smart manufacturing
Objective: to improve the efficiency of production lines, water and energy savings
Technological innovation and digitalization of production, efficiency of production lines, quality control and improvement, less waste and energy and water savings. These are the pillars of the industrial... more
IndustryForno d'Asolo more and more sustainable
New trigeneration plant built by Siram Veolia
Sustainability and innovation are the pillars behind the project created by Siram Veolia for Forno d'Asolo, the Treviso-based company leader in frozen sweet and savory baked goods today at the center of... more
IndustryNestlé aims to acquire The Bountiful Company
The American company specializes in vitamins and supplements
Swiss food giant Nestlé has confirmed that it is in talks to buy the American vitamin and supplement manufacturer The Bountiful Company, as anticipated by rumors in the American press. The Swiss group... more
IndustryBimby celebrates 50 years old
Evolution and progress from 1971 to today's Tm6
It was 1971 when Vorwerk launched the first food processor on the European market, the Thermomix which this year celebrates 50 years. It all started in France in 1961 when Vorwerk distributed the first... more
IndustryEarthday: Syngenta reaffirms its commitment to sustainable agriculture
The Good Growth Plan continues to enhance the planet
On the occasion of the 51st edition of Earth Day, Syngenta reaffirms, through the projects contained within the new The Good Growth Plan, its constant commitment to defend and enhance the mother of all... more
IndustryJbs will acquire the vegetable meat producer Vivera
An operation worth 341 million euros
Brazilian meat producer JBS will acquire the plant-based meat company Vivera for approximately € 341 million. This operation, which is still pending regulatory approval, will allow JBS to have its own p... more
IndustryDanone: a first quarter of 2021 to forget
Sales dropped by 9.4% due to the negative impact of exchange rates
Danone recorded € 5.66 billion in sales in the first quarter of 2021, reporting a decline of 9.4%, mainly caused by the negative impact of exchange rates. However, the company called that just ended "... more
IndustryArcadia Biosciences acquires the Spanish Agrasys
It will market tritordeum, a combination of durum wheat and wild barley
US agricultural biotechnology company Arcadia Biosciences has acquired Agrasys, a Spanish food ingredients company that has developed a new grain with agronomic and nutritional benefits. Based in Barcelona,... more
IndustrySanpellegrino cancels CO2 emissions by 2022
Investments of over 4 million euros per year to accelerate the adoption of biofuels
Sanpellegrino, the leading company in Italy in the mineral water and non-alcoholic drinks sector, intensifies its efforts to combat climate change and on the occasion of Earth Day, announces its commitment... more
IndustryPepsiCo announces its 2030 target for "Positive agricolture"
The company aims to extend regenerative practices
PepsiCo, has announced a new and impactful business ambition of “Positive Agriculture”, anchored in the 2030 goal of spreading regenerative farming practices on 7 million acres, roughly equal to its ent... more
IndustryIn Houston, Domino's pizza arrives with robots
Partnership with Nuro for the launch of an automated delivery service
Domino's has partnered with robotics company Nuro to launch an automated pizza delivery service in Houston, United States. Starting last week, select customers who place a prepaid order from the company's... more
IndustryEni abandons palm oil for biorefinery in Venice
It will be replaced by biomass from waste vegetable edible oils and waste animal fats
"The Venice biorefinery is preparing to stop using palm oil for the production of biofuels". This was announced by Eni, explaining that in recent days it presented "the documentation for the verification... more
IndustryGranarolo buys 100% of Mulino Formaggi
The investment will allow to expand the international offer in the hard cheese segment
Granarolo SpA acquires 60% of Mulino Formaggi Srl from Mulino Alimentare SpA, bringing its stake from 40% to 100% of the capital. Mulino Formaggi was born in Parma in 2018 following the meeting of two... more
IndustryAromas: Ambienta conquers the English TasteConnection
The company is a leader in the production of flavorings and aromatic substances for the food sector, especially for snacks and salty foods
Ambienta Sgr, a European private equity fund focused on sustainability, through the subsidiary Nactarome (in the portfolio of the Ambienta III fund) has acquired 100% of TasteConnection, one of the leading... more
IndustryBolton joins the UN Global Compact
It is the largest strategic corporate citizenship initiative in the world
Bolton Group, the industrial holding of the Nissim family that controls numerous brands, including Rio Mare, Simmenthal, Borotalco, Neutro Roberts, Omino Bianco, UHU, Collistar, has joined the United Nations... more
IndustryIvs (vending machines) acquires Dai 24
The Group intends to develop its business model on a national basis
IVS Group, the Italian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks, informs that its subsidiary... more
IndustryCampbell sells the Plum Organics baby food brand to Sun-Maid
The transaction is expected to close in the spring of 2021
Campbell Soup Company will sell organic baby food and baby snack brand Plum Organics to Sun-Maid Growers of California for an undisclosed sum. Upon termination of the deal, Plum Organics will join Sun-Maid's... more
IndustryLotus Bakeries acquires full control of Italian joint venture
The Group will continue to collaborate with Lona, for storage and distribution
Lotus Bakeries has taken full ownership of its Italian marketing joint venture, Lotus Bakeries Italia, after acquiring the remaining shares of the company. The Belgium-based biscuit maker established the... more
IndustryRiviana Foods sells the Ronzoni pasta brand to Post Holdings
The transaction is expected to be finalized in the second quarter of 2021
Riviana Foods, a subsidiary of Ebro, will sell the Ronzoni dry pasta brand to 8th Avenue Foods & Provisions, a Post Holdings subsidiary, in a deal worth $ 95 million. The sale includes the Ronzoni brand... more
CoffeeNestlé Professional introduces protective films for "on the go" machines
New collaboration with Nanoveu; project for Nescafé and We Proudly Serve Starbucks machines
Nestlé Professional is working on the introduction of self-disinfecting, antiviral and antibacterial protections for the screen of "out of home" coffee machines. The company has collaborated with Nanoveu,... more
IndustryCelli Group chooses Seco for digital and artificial intelligence
Collaboration signed for development of integrated technological solutions
The Celli Group, one of the global leaders in the beverage dispensing systems and accessories sector and Seco SpA, an Italian company operating in high technology for IoT solutions, announce that they... more
IndustryNestlé: a special year in 2020 Annual Report
An update on the Group's strategy, innovation, digitization and sustainability/Report attached
Nestlé has released its 2020 Annual Report which highlights the company's financial and non-financial results and provides an update on strategy, innovation, digitization and sustainability. Despite the... more
IndustryThe Belgian Keestrack takes over the Goldoni tractors
The Emilian group was in danger of bankruptcy
The Court of Modena yesterday assigned the business branch of the historic Goldoni tractor company to the Belgian company Keestrack. The starting price was set at 9.5 million euros. For the company from... more
IndustryLo Conte (ingredients) increasingly "Giusto"
The acquisition of the brand marks the entry and development of the Group in the pharmaceutical channel
The Lo Conte Group, operating in the market of special flours and ingredients for sweet and savory products with the brands Le Farine Magiche, Decorì and Molino Vigevano, acquires the Giusto brand from... more
IndustryFerrero still in field against the scourge of child labor
Strategic partnership with Save the Children renewed with a € 8 million project
Achieved the 2020 goal of sourcing 100% certified sustainable cocoa, through independently managed standards 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
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
IndustryNespresso expands in Switzerland by investing $ 126 million
Expansion of the Avenches center and creation of 3 new production lines are planned
Nespresso has announced an investment of 117 million francs (approximately $ 126.34 million) in the expansion of its production and distribution center in Avenches in Switzerland. An investment to meet... more
IndustryEaton brings Industry 4.0 to Turri's bakery machines
Solutions for specific production needs, with high levels of performance and flexibility
Italian Turri F.lli srl, which has been designing and manufacturing machines for bakeries, pasta factories, pastry shops and pizzerias since 1960, has chosen the American multinational Eaton to automate... 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
IndustryThe first One Mars Office in Milan will born in 2022
A single office for all the associates of the Group
The Mars Group strengthens its team by presenting the new One Mars Office, Mars, Royal Canin and AniCura, which will at the same time be the headquarters of the Southern Europe Multisales Cluster. The... more
IndustrySagea Group lands in Greece
Partnership with Magma-Agro brings to 7 European countries where the company is present
The international presence of Sagea Group, the Italian group active in research, development and registration services for innovative products and solutions for agriculture, is strengthened. The company... more
IndustryIrritec (irrigation), opens its branch in Senegal
Collaboration with Scova Impianti, with the aim of expanding in West Africa
The Irritec Group, one of the leading companies in the precision irrigation sector, is pleased to announce the opening of a new office in Senegal, with the aim of developing and consolidating its presence... 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