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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
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
Mineral waters and drinksNestlé Waters 100% Committed to water stewardship
Nestlé Waters to certify all its sites to Alliance for Water Stewardship Standard by 2025
Nestlé Waters announced that will certify all sites by 2025 in accordance with the world’s first global water stewardship standard. It will reinforce our commitment to safeguarding water resources for fu... more
Pasta and bakery productsGranoro, the Italian pasta excellence. Video
The Company presented at Cibus 2018 new products also for the foreign market
It’s a pioneer in the 100% made in Puglia pasta production. We are talking about Granoro, the family owned pasta factory, founded in Corato, the birthplace of the best Italian and European durum wheat.It w... more
CoffeeStarbucks extends strategic partnership with Arla Foods
To grow ready-to-drink across EMEA
The two companies have signed a long-term 21-year strategic agreement more
Studies and researchMediterranean diet, an Italian-Israeli research project. Video
The study "Children Alimentary Personalized Research" presented at Naples' University Federico II
CAPRII - Children Alimentary Personalized Research Italy Israel, is the first international pilot study on personalization of the Mediterranean Diet initiated by the Department of Translational Medical... more
PeopleJan Toft Nørgaard appointed new chairman of Arla Foods amba
To succeed Åke Hantoft on July 2
He will continue the focused work for the company on growing the global dairy category more
FinancePepsiCo to withdraw Chicago Stock Exchange Listing
The withdrawal is expected to be effective within the next month
The Group has decided to withdraw its listing from the Chicago Stock Exchange to eliminate costs inherent with dual listings more