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IndustryPepsiCo Launches Nutrition Greenhouse Program
The program follows the launch in Europe last year
To support food and beverage brands driving change in North America more
MeatsEduardo Miron is the new CEO of Marfrig
Replacing Martín Secco at the helm of the world’s second largest beef company
Brazilian Marfrig Global Foods has announced Eduardo Miron as its new chief executive officer. Miron replaces Martín Secco, who has led the company since 2015.Miron joined Marfrig in 2010 and, since 2... more
PeopleCosimo Libardo joins Carimali’s team
The Company is the leading Italian manufacturer of fully automatic and traditional espresso machines
Cosimo Libardo has joined Carimali SpA, the leading Italian manufacturer of fully automatic and traditional espresso machines, specialized in extraction technology and brewing solutions.Starting October... more
Fruit and vegetablesPresented in Hong Kong the joint venture for the Asian market
After the signature in Milan at the end of last month of June
Omnifresh will start operating with the European 2018/19 apple season with the aim of progressively expanding its field of action to other fruits more
CoffeeCaffitaly coffee machines to Australia with Coca-Cola
The Italian Coffee machine manufacturer expanded its supply and sales agreement with Amatil
Coca-Cola Amatil has expanded its supply and sales agreement with Italian Coffee machine manufacturer Caffitaly: the brand’s coffee machines and coffee capsule system will now be introduced to the Australian m... more
ForeignArgentina plans to export an abundance of soymeal to China
Due to Usa – China trade dispute with exports in 2019
A top agriculture ministry official explained that Argentina plans to export substantial amounts of soymeal to China after the next harvest in May.Argentine officials were in Beijing finalizing the paperwork... more
IndustryFirmenich acquires Italian Campus
The Swiss Company expands its Natural & Clean Label Capabilities for protein solutions
Swiss Company Firmenich acquires the Italian Parma based Campus, an innovator in the application of natural functional ingredients for protein applications, specializing in clean label, meat, dairy, sauces... more
MeatsTyson Foods to sell pizza crust business
The Company is also divesting some other bakery operations like Sara Lee Frozen Bakery and Van’s businesses
Tyson Foods, Inc. has reached an agreement to sell its pizza crust business to an affiliate of private equity firm Peak Rock Capital. Terms were not disclosed; however, the two companies hope to complete... more
FinanceKraft Heinz reports 2Q18 34% decrease in net income
Net sales were $6.7 billion, up 0.7 percent versus the year-ago period
The Kraft Heinz Company reported a 34 percent decrease in net income for the second quarter of the 2018 fiscal year, compared to the same period in 2017.The Company reported a net income of $756 million... more
CoffeeMassimo Zanetti Group, H18 revenue at Euro 434.4 millions
The net profit amounts to Euro 7.1 million, up 62.3% compared to first half of 2017
The Board of Directors of Massimo Zanetti Beverage Group S.p.A., one of the leading brands worldwide in the production, processing and marketing of roasted coffee and other selected categories of colonial... more
FishMarine Science and Conservation Experts Join ISSF Committees
The International Seafood Sustainability Foundation is a global coalition of scientists, the tuna industry and WWF
The International Seafood Sustainability Foundation (ISSF) is pleased to announce the addition of three new members to its Environmental Stakeholder Committee (ESC) and one addition to its Scientific Advisory... more
CateringHMSHost Int. (Autogrill) wins 10-year contract with NS Retail
The Group strengthens its operations in the Dutch railway channel
Italian Milan based Autogrill S.p.A. announces that through its subsidiary HMSHost International it has won a tender called by NS Stations in The Netherlands and secured a new 10-year contract to operate... more
Studies and researchAntimicrobial Resistance, the stakeholder Stewardship
The Global Roundtable for Sustainable Beef Issued a new Statement
The membership of the Global Roundtable for Sustainable Beef (GRSB) has voted overwhelmingly to approve a global Statement on Antimicrobial Stewardship to recognize the urgency with which action against... more
PeopleRamon Laguarta elected Chief Executive Officer of PepsiCo
Indra K. Nooyi to end tenure as CEO
Nooyi will step down on October 3rd after 24 years with the company more
Studies and researchGlobal Conference on Sustainable Beef, Rabobank and Prof. Michael Lee to speak
The meeting will held in Kilkenny, Ireland at the Lyrath Estate, October 9-12, 2018
The Global Roundtable for Sustainable Beef (GRSB) is proud to announce two key global industry leaders who will join the important conversations surrounding global beef sustainability at the Global Conference... more
DistributionMarr (Cremonini), net income H18 reached 28.6 million Euros
Total consolidated revenues of 782.6 million Euros
The Board of Directors of MARR S.p.A. (Cremonini Group), the leading company in Italy in the sale and distribution of food products to the foodservice, today approved the half-year financial report as... more
MeatsTyson near to buy Keystone Foods for as much as $3B
From Brazil's Marfrig Global Foods
Tyson Foods, the largest U.S. meat company, is close to acquire Keystone Foods, which supplies chicken nuggets to McDonald's, from Brazil's Marfrig Global Foods for as much as $3B, Bloomberg reports.Marfrig... more
FinanceNestlè 1H18, total sales increased by 2.3% to CHF 43.9 billion
Net Profit increased by 19.0% to CHF 5.8 billion
Nestlé organic growth of 2.8% in the first half was in line with expectations and within the guidance for 2018. RIG was 2.5% and remained at the high end of the food and beverage industry. Pricing contributed... more
DessertsLindt & Sprüngli 1H18 achieves dynamic sales and profit growth
Rise in net income by +12.7% to CHF 86.0 million
Lindt & Sprüngli has had a successful start to the financial year 2018. The Group achieved strong group sales of +7.7% in the first half-year, generating consolidated sales of CHF 1.67 billion. Organic g... more
FinanceCargill reports one of its best results for fiscal 2018
Full Year adjusted operating earnings reached $3.2 billion, up 6 percent
Cargill reported $3.2 billion in adjusted operating earnings for the 2018 fiscal year, one of its best annual performances. The fourth quarter also was very strong for the company.The company’s improved f... more
DistributionCremonini international espanxion continues
The controlled company Inalca acquired “Mille Sapori Plus” in Poland
Inalca SpA, a company controlled by the Italian Cremonini Group and with a stake of 28,4% owned by IQ Made in Italy Investment Company (50% owned by Cdp Equity, Cassa Depositi e Prestiti Group), through... more
CateringInvestindustrial invests in Dispensa Emilia
The chain operates in Italian “Fast Casual Dining” segment
An investment subsidiary of Investindustrial Growth – an investment fund dedicated to small and medium-sized European companies with potential for high growth – has acquired a 70% stake in Dispensa Emil... more
PeopleHeléne Gunnarson is new vice-chairman of Arla Foods
She has been a member of the Board of Directors since 2008
The new vice-chairman has been a farmer since 1997 and an elected representative in the cooperative since 2000 more
FinanceFII Tech Growth invests in Supermercato24
The Fund is managed by Fondo Italiano d’Investimento SGR
FII Tech Growth, a fund managed by Fondo Italiano d'Investimento SGR, announces its investment in Supermercato24, an Italian on-demand e-grocery marketplace that allows customers to shop online at their... more
PeopleMondelēz International Names Luca Zaramella as Chief Financial Officer
With more than 20 years of broad financial experience has an intimate knowledge of the company’s business
Mondelēz International selects Senior VP of Corporate Finance Luca Zaramella to take over the CFO position on August 1. The company says Zaramella, reporting directly to CEO Dirk Van de Put, will be responsible... more
PeopleChange at the top for Arla Foods Uk
Ash Amirahmadi is the new UK Managing Director
Tomas Pietrangeli is leaving the company to become ceo of Danish retail group Dagrofa A/S more
MeatsAmadori, 2017 revenues over 1.2 billion euros
Ebitda of 103 min (+24%). Francesco Berti appointed new General Manager.
During the traditional meeting with financial institutions, Amadori has presented its 2017 annual report, confirming the group as a leading company of the poultry sector and more generally of the Italian... more
CateringMcDonald’s planning new layoffs in the USA
Cuts as part of a half-billion-dollar restructuring plan by the end of 2019
McDonald’s is planning new layoffs. Further to rumors transpired by an internal communication document, the fast-food giant plans job cuts as part of a restructuring plan to save half-billion dollars b... more
CateringDomino’s Pizza doubles its presence in Bergamo
The chain has an important development plan in Italy: upcoming openings in Bologna and Turin
Domino’s Pizza doubles its presence in Bergamo, in the North of Italy, in Lombardy Region, and, less than one year after opening the store in via Broseta 65, inaugurates its second pizza shop in Via A... more
BiologicalValsoia focuses on ice creams
Strategy dictated by market demand and greater profitability
Valsoia focuses on ice creams. With summer coming, the Italian company producing and selling healthy food products increases its line of plant-based ice creams with a lot of different flavours and varieties,... more