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IndustryIllva Saronno Holding SpA acquires G&P and the Alvena brand
Disaronno Ingredients thus strengthens distribution and expands its portfolio
Illva Saronno Holding SpA, an Italian multinational active in the global alcohol market thanks mainly to Disaronno, continues its expansion strategy by announcing today the acquisition of a majority share... more
AgrifoodGlyphosate. Italian government is against the ban but would prohibit it in the drying phase"
The Minister of Agriculture announces the imminent vote in Parliament for the ban on synthetic meat
"The Italian Parliament will definitively ban the production, marketing and import of synthetic food in our nation as soon as possible. Thanks to the presidents of the Agriculture Commissions of the Senate... more
Economy and financeThe Restaurant Group accepts the offer of Apollo global management
Wagamama’s owner says yes to a 585 million euro offer
Fly on the Stock exchange The Restaurant Group, british chain of restaurants and pub owner of the brand Wagamama also known in Italy (is managed under license by the Chef Express of the Cremonini group),... more
FairsHostMilano 2023 kicks off with over 2,100 exhibitors from 50 countries
The companies present at the event (October 13-17) cover a 178 billion euro market
There will be more talk than usual about innovation, technology, artificial intelligence and the circular economy at HostMilano 2023. The exhibition dedicated to catering and hospitality opens its doors... more
MeatsAmadori takes a 70% stake in Forno d'Oro
The operation will guarantee the group to control the cold cuts segment
Amadori strengthens its role in the poultry meat sector thanks to an industrial partnership with Forno d'Oro, a Veneto based food processing company specialized in the processing and production of high-end... more
Economy and financeVandemoortele wants Bindi
The Belgian group may be interested in the Milanese pastry for sale facebook sharing button
Last week the Bc Partners fund announced the start of the sale of Fda Group, a group active in the frozen bakery and pastry sector that combines Forno D'Asolo and Pasticceria Bindi. Today, according to... more
PeopleCbre, new agribusiness manager South Europe
Valadas de Albuquerque at the helm of the Spain-Italy team for real estate growth in agribusiness
Cbre, one of the leaders in services and investments in commercial real estate especially in the retail sector (shopping centers and supermarkets), announces the appointment of Manuel Valadas de Albuquerque... more
Economy and financeSugar prices bring the German giant Suedzucker to the top
Q2 Operating Profit more than doubled to Euro 310 million
It is one of the European giants in the field of sugar production and shows that to define positive is to say little. The German company Suedzucker has more than doubled its quarterly profits thanks to... more
SustainabilityDiageo accelerates on regenerative agriculture for whisky and Tequila
Two programmes launched in Mexico and Scotland to reduce emissions from barley, wheat and agave crops
Diageo, whisky producer Johnnie Walker, tequila producer Don Julio, and Guinness beer manufacturer, has announced two regenerative agriculture programs for its tequila and scotch brands. The programmes,... more
WinesChampagne Armand de Brignac announces Blanc de Noirs Assemblage Number Four
New creation in the Cuvée range, an intense and generous expression of Pinot Noir
An extremely rare and precious Champagne, which rested for 7 years in the cellar until disgorgement, which took place on 20 April 2023 more
AgrifoodFederalimentare: "10 cases of Italian Sounding discovered in Anuga"
The products were immediately removed. President Mascarino: "this year there is a strong signal of protection of our made in Italy"
“The fight against the phenomenon of Italian Sounding and the counterfeiting activities of Italian agri-food products at the Anuga 2023 fair proved to be fully effective”. This was stated in a Federalimentare (it... more
Baby foodNutripiatto: five recipes for the prolonged summer
Pumpkin, chickpeas, carrots, dried fruit, peas: the new proposals of the Nestlè nutritional program
The astronomical summer ended on September 22nd, the meteorological one on August 31st; yet, these days the calendar seems to have moved back a month. It is still summer on the beaches while the heat has... more
FairsAnuga 2023: record edition with 140 thousand visitors
Around 7,900 exhibitors from 118 countries. Italy at the top with over a thousand companies
Anuga, the largest and most important trade fair in the world for food and drinks, confirmed itself as the undisputed leader over the course of the five days of exhibition (7-11 October 2023). The following... more
Economy and financeItalian catering in the world is worth 228 billion euros
In Italy we are at 75 billion (+22%), according to data from Deloitte’s Foodservice market monitor
"Catering remains an increasingly important sector for the entire food chain," stresses Tommaso Nastasi, Value creation services leader of Deloitte. more
Economy and financeMarchesi Antinori wine sets course for U.S.
With 300 mln financing from a pool of banks wine company buys land in Napa Valley
Marchesi Antinori is heading for the United States thanks to a loan of more than 300 million obtained from a pool composed of Intesa Sanpaolo, Cassa depositi e prestiti, Simest and Bnl. The operation,... more
AgrifoodEurostat: in 2020, only 4.2% of EU workers were farmers
The highest concentration of workers in the primary sector was found in Romania
In 2020, approximately 4.5% of the EU's total employment, an estimated 9.4 million people, worked within the agriculture, forestry, and fishing sector. The vast majority, or 4.2% of total employment, worked... more
Cheese and dairy productsGermany is the second world destination for italian cheeses
Assolatte closes Anuga 2023 with rising numbers and strong interest from US and Asian consumers /Gallery
Anuga 2023, the largest food fair in the world, is closing today. With 450 stands dedicated to milk, butter, cheese and yogurt, dairy confirms itself as one of the leading sectors of the event. 80 Italian... more
VideoEcomondo will host the general states of the green economy
Peraboni (IEG) explains the importance of the next edition. Minister Pichetto Fratin: "Green is worth it!"
Ecomondo crosses the finishing line of the 26th edition and, again this year, will bring the best of cutting-edge green technologies to Rimini. Compared to the first editions, the real leap in quality... more
ForeignSpain: lights and shadows for olive oil
A 15% increase in the harvest is expected but in Andalusia production collapses (-40%)
Olive oil production in Spain is expected to stand at 765,300 tonnes during the 2023/2024 campaign. Numbers that suggest a +15% compared to the previous season (in which 664 thousand tons were totaled),... more
FairsItalian Exhibition Group: Maurizio Renzo Ermeti is the new president
The Board of Directors appoints the successor of Lorenzo Cagnoni, who passed away on 5 September
The Board of Directors of Italian Exhibition Group SpA (Ieg), a company listed on the Euronext Milan of Borsa Italiana SpA and a leading company in Italy in the organization of international trade fair... more
Mineral waters and drinksPepsiCo 3rd quarter: revenues soar ($23.45 billion)
It expects earnings per share to rise 13%, rather than the 12% initially expected
PepsiCo Q3 Earnings and Revenues Above Best Expectations. The multinational reported earnings per share of $2.25, which adjusts the expected $2.15, and revenues of $23.45 billion versus the expected $23.39... more
LiqueursNolet acquires Lucas Bols for 269.5 million euros
A Dutch giant in the global spirits and cocktails market now looms
Nolet Group and Lucas Bols announced that they have reached a conditional agreement for the purchase by Nolet of all issued and outstanding shares of Lucas Bols, at a price of 18 euros, for a total of... more
HealthAvian vaccine: EFSA opinion expected for March 2024
From the EU Commission a request for feedback on the effectiveness against currently circulating viruses
On the highly pathogenic avian influenza (HPAI) front, the European Food Safety Authority (EFSA) will issue a new scientific opinion, which is expected to be finalized in March 2024. The European Commission... more
AgrifoodPesticides: more gradual halving, until 2035
The compromise measure passes by a clear majority to the EU Agriculture Commission
On pesticides, farmers' dissent obtains a compromise: the halving of pesticides will take place by 2035, rather than by 2030. The measure in the name of flexibility was voted yesterday in the Agriculture... more
Economy and financeSouth Korea wants Italian blue crab
Consul general: "mutually beneficial" to import more from Venice and lagoon areas
The blue crab business is expanding. After the Tunisia affaire (and the Greece affaire), countries that are said to be importing the crustacean into Italy creating no small amount of unease and concern... more
BeverageOktoberfest: record number of visitors but people drink less (and spend more)
Beer consumption at the Bavarian event is recovering but below pre-pandemic levels
Not even beverages escape the great paradox of recent years: more revenue for companies (almost always), less volumes sold (often), less consumption in general (always). Even the Oktoberfest knows something... more
NewsLidl contested by animal rights activists at the CSR show
They are protesting the breeding conditions of the chickens sold by the discount store
At the CSR Show in Milan, on Friday 6 October, a protest against Lidl took place, as part of an international campaign against the discount group, which began a year ago: 20 European NGOs for the protection... more
FairsAnuga 2023: here is the Top Ten of innovations
A total of 689 companies with more than 2,200 ideas applied to be included in the special exhibition
From 7 to 11 October 2023 the international food & beverage industry meets in Cologne at Anuga. Over the course of five days, over 7,800 exhibitors from 118 countries will present an enormous variety of... more
Economy and financeFood raw materials: prices unchanged in September on a monthly basis
According to the FAO report, the index recorded a decline of 10.7% compared to last year
The increase in sugar (+8.9%) and corn (+7%) offsets the decrease in meat (-1%) and dairy products (-2.3%). more
CoffeeCimbali Group acquires its distributor in Switzerland
Enrico Bracesco, already General Manager of the multinational, will become chairman of the Board of Directors of Vassalli Service AG
Cimbali Group, an Italian multinational specialized in the design and production of professional espresso coffee machines and equipment dedicated to coffee shops, announced that on 2 October 2023 the acquisition... more