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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 the... 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
PeopleNestlé Italia: Stefano Borghi new Head of Corporate Sales
His important commercial and marketing plans for the Group
Nestlé Italiana has appointed Stefano Borghi new Head of Corporate Sales. Manager of recognized experience, he began his career at Nestlé in 1990. Over the next 16 years he spent in the Group, he successfully he... more
CoffeeIlly buys Prestat chocolatier
Italian coffee dynasty scoops up storied UK confectioner, attracted by ‘super premium’
Illy goes shopping in chocolate. The Trieste based Group, already owner of Domori, among the producers of the best fine chocolate in the world, has signed an agreement for the acquisition of Prestat, one... more
CoffeeAstoria to unveil latest developments at Internorga
Italian company is very popular with German coffee lovers
The 2019 edition of Internorga, one of the leading trade fairs for the Horeca sector in Europe and across the world, is set to take place in Hamburg from 15 to 19 March. Over 1,300 exhibitors from 25 countries... more
EconomyAutogrill: 2018 results; confirmed revenue growth
The highlights /Attachment
The Board of Directors of Autogrill SpA has reviewed and approved the consolidated results at 31 December 2018, including the consolidated Non Financial Information Declaration 2018The BoD approves consolidated... more
Government actsParliamentary question: President Trump's statements on French wines
Malmström: "the Commission has not received any information on measures that the US would intend to take against EU wine imports"
Answer given by Ms Cecilia Malmström on behalf of the European Commission (12.3.2019).The Honourable Member refers to a tweet that President Trump issued on 13 November 2018. However, to say that the E... more
CoffeeNescafé ranked number 3, among the top 100 megabrands
Euromonitor International discloses the world’s leading Fast-Moving Consumer Goods brands
Nescafé was ranked third among the top 100 megabrands and topped the hot drinks brand category. The overall ranking moved up from fourth in previous years.The global market research company, Euromonitor... more
NewsAutogrill, Wascoffee comes to Puro Gusto at Milan Airport
The innovative material made with coffee grounds soon to reach the United States too
Wascoffee is a new material made with coffee grounds, an open innovation project launched by the Autogrill Group to recycle one of the raw materials most symbolic of its business: the company serves over... more
Government actsEggs, half of the EU comes from Ukraine
Parliamentary question to the Commission by Tom Vandenkendelaere
Answer given by Ms Cecilia Malmström on behalf of the European Commission (7.3.2019)As the sector of eggs is considered sensitive in the European Union, the Association Agreement with Ukraine does not... more
PeoplePepsiCo Elects Michelle Gass to Board of Directors
Ms. Gass currently serves as Chief Executive Officer and a director of Kohl's Corporation
PepsiCo, Inc. today announced that its Board of Directors has elected Michelle Gass as an independent member of the Board, effective March 6, 2019. more
Government actsBruxelles, Question on publication of EFSA opinion on the presence of PFAS and PFOS in food
The opinion is particularly important for the health of EU citizens
Presented by Damiano Zoffoli (S&D) more
FinanceJAB plans to list unit of coffee brands
The deal concerns Acorn Holdings (Keurig, Dr Pepper, Peet's Coffee and JDE)
Family Reimanns owned JAB Holding Co, which has several coffee and restaurant brands is planning to list the business that owns Keurig, Dr Pepper, Peet's Coffee and JDE coffee brands, according to Reuters.... more
ForeignFrench insect farmer Ynsect raises $125m
The company plans North America plant
French insect protein firm Ynsect has raised €110million to build what it claims will be the largest insect farm in the world in Poulainville, northern France, and expand internationally with a plant i... more
Frozen foodsNomad’s Findus fish products to be distributed in USA
Ocean Beauty Seafoods will sell seafood products by Swedish frozen food
The Boston based Ocean Beauty Seafoods will distribute seafood products by Swedish frozen food giant Findus, owned by Nomad Foods, in the US, after agreeing to a new distribution partnership. The agreement... more