EFA News - European Food Agency
5,069 news found
Economy and financeEurozone inflation remains at 2% in June
Eurostat reports prices up 1.9% from May, with food and alcohol prices up 0.59%.
Eurozone inflation remains on the rise in June. Eurostat, the European Statistical Office, reports that the annual inflation rate in the euro area was 2% in June 2025, up from 1.9% in May. A year earlier,... more
NewsTariffs: Trump: agreement with India very close
The President is also optimistic about the EU, but the agreement with it will be "very different from the past."
Washington and Delhi are "very close" to finalizing a trade agreement, US President Donald Trump said, as high-level talks between the two sides continue. "We are very close to an agreement with India,... more
Cheese and dairy productsDalter Food: consolidated revenue rises to €176 million (+10.7%) in 2024.
The first quarter confirms last year's positive trend. Employees increase from 181 to 189.
In a challenging macroeconomic environment, marked by unfavorable market dynamics that impacted profits and led to performances that fell short of expectations, DalterFood Group closed 2024 with growth... more
PeopleBayer: Bill Anderson's tenure extended
New mandate for the CEO, who will remain in office until March 31, 2029
The Supervisory Board of Bayer AG has unanimously decided to extend the contract of Chief Executive Officer Bill Anderson until March 31, 2029. His contract was originally scheduled to expire on March... more
Economy and financeReal Estate. Dea Capital and Corebridge are selling two industrial complexes in Spain.
€25 million paid by a British family office assisted by Delin Property
The joint venture between DeA Capital Real Estate and Corebridge Real Estate Investors announced today the sale of two Class A industrial complexes in Madrid, Spain, to a British family office advised... more
LiqueursEarthquake at Diageo: CEO Debra Crew leaves.
Nik Jhangiani resigns effective immediately as interim CEO
There's been a stir at Diageo. The company, which owns spirits brands such as Johnnie Walker whisky and Guinness beer, has announced that Debra Crew has stepped down as CEO and board member, effective... more
Economy and financeFrance, major maneuvers among supermarkets
Auchan is selling 19 stores to Lidl to strengthen its financial performance and avoid further cuts.
French supermarket group Auchan will sell 19 stores to German retailer Lidl. The two companies announced the sale, but did not disclose the financial details of the transaction. The two companies are in... more
Economy and financeCAP, everyone against von der Leyen
Protests from all the primary sector unions against the cuts
As expected, the (strong) reactions against the single fund that will consolidate European policies, including CAP resources, were not long in coming. This fund is included among the new budget proposals... more
NewsEU Commission: Single Fund and cuts to agricultural aid of up to 75%
Italian MP Carloni disagrees: "The proposal opens the door to non-European products that lack food safety."
A single fund that will consolidate European policies, including CAP resources. This is among the new budget proposals that European Commission President Ursula von der Leyen will present to the Commission.... more
IndustryBayer Crop Science: The Italian market is among the leading in Europe
Exclusive interview with Patrick Gerlich, CEO for Italy
Bayer celebrated 125 years of presence in Italy: the group is present in our country with its Pharmaceuticals, Consumer Health and Crop Science divisions, graphically represented on the commemorative stamp... more
FairsAnuga: Partnership with Ecotrophelia Europe Renews
Cologne Fair offers young talents a chance to create sustainable added value
Anuga, one of the world's leading trade fairs for the food and beverage industry, is once again reaffirming its role as the industry's innovation platform this year: with its renewed collaboration with... more
NewsWine exports: volumes (-3.7%) and value (-0.9%) down in the first four months
US remains positive but growth halves, Europe declines, Russia collapses (-65%)
Italian wine exports are worsening, closing the four-month period with a 3.7% volume decline, while value also turned negative for the first time in 2025 (-0.9%, to €2.5 billion). As anticipated by the I... more
DessertsIngredients. Nexture: an €800 million company is born
A €425 million bond issue for the holding group resulting from the merger of CSM Ingredients and Italcanditi.
Nexture, the holding company that marks a new phase in the evolution of the Ingredient-Tech Platform, was presented today. The company was created by combining the industrial and technological expertise... more
Economy and financeElica closes deal with Chinese authorities for Putian
With the transfer of 0.56% from Fuji, from today the Zhejiang company is totally in the hands of the Fabriano company which makes it its eastern hub
Elica announced today that it has obtained the necessary authorizations from the Chinese authorities and, therefore, completed the administrative formalities for the acquisition from Fuji Industrial of... more
Economy and financeDuties/2. EU-US meeting this evening: Sefcovic on the attack?
The EU Trade Commissioner will meet with Jamieson Greer, US Trade Representative
The issue of tariffs between the EU and the United States is heating up. Following Trump 's "slap" in the face, announcing 30% tariffs on the European Union (see EFA News ), the EU technical team is headed... more
Economy and financeDeloitte, private equity firm focuses on food and beverage
In the second half of the year, the sector confirmed its position as one of the most "attractive" sectors with an interest rate of 14%.
After a start to 2025 marked by uncertainties related to international politics and a slowdown in sentiment, the Italian private equity market faces a more complex scenario in the second half of the year.... more
Economy and financeEurozone industrial production shows signs of recovery in May
Both in the EU and the Eurozone, food and drink prices are soaring
Eurozone industrial production showed some signs of recovery in May. This is confirmed by data from Eurostat, the European Union's statistical office, which shows that in May 2025, compared to April 2025,... more
FairsMacfrut. Asparagus and berries: a strange (and winning) combination.
International Asparagus Days and International Berries Days join forces in Bordeaux from October 7 to 10.
Technical tours, an exhibition area, field demonstrations, workshops, and trade show tours. All this will take place in Bordeaux from October 7 to 10, 2025, with International Asparagus Days (IAD) and... more
FishGrupo Consorcio: revenue rises to €78 million (+12%) in 2024
Spanish company exports to 42 countries. Net profit quadruples to €1.59 million.
Grupo Consorcio, a Spanish company in the premium segment of the canned fish market, closed 2024 with a turnover of €78,017,517, representing a 12.2% increase over the previous year and over €8.4 million hig... more
DessertsFerrara Candy Company Prepares to Go Shopping in France
Ferrero's company is reportedly ready to acquire French confectionery giant CPK to enter the European sweets market.
It's certainly a time of great excitement at Ferrero. Following the US acquisition of WK Kellogg a few days ago (see EFA News ), Ferrara Candy Company, a US confectionery market operator acquired by the... more
Economy and financeKraft Heinz goes all ketchup: is it getting rid of the grocery "burden"?
US rumors: the multinational could spin off some iconic brands to focus solely on sauces
Could Kraft Heinz's recent sale of Plasmon to NewPrinces, owned by the Mastrolia family (see EFA News ), be part of a multi-billion dollar plan to "reposition" the multinational to benefit other segments... more
Ice creamThe clash between Unilever and Ben & Jerry's continues
The multinational has made a dramatic move by appointing Jochanan Senf as the new CEO of the US ice cream company.
A last-minute move has reopened a new chapter in the ice cream battle between Unilever and Ben & Jerry's, one of its flagship brands in the United States, among those the multinational intends to spin... more
LiqueursNardini "drinks" the historic Domenis 1898 distillery
Italy's oldest distillery completes its premium offering: production remains in Cividale del Friuli.
According to Angelo Nardini, president of Nardini Holding, "the addition of Domenis 1898 strengthens what we have always considered essential: production, the culture of the spirit, and the commitment to carrying forward a tradition of quality." more
AgrifoodClessidra Group: New fund for Italian agri-food SMEs launched
Target of 150 million euros and hard cap of 200 million to invest in a strategic segment
Clessidra Private Equity Sgr, a private equity firm belonging to the Clessidra Group, one of Italy's leading alternative investment firms, announces the launch of the new Clessidra Capital Partners Green... more
Packaging and logisticsFrigomeccanica joins the Arneg Group
Italian Agri-food Funds and Cresci al Sud are selling their stakes.
Fondo Agroalimentare Italiano I, managed by Unigrains, and Fondo Cresci al Sud, financed with resources from the Development and Cohesion Fund and managed by Invitalia, have successfully sold their stakes... more
Economy and financeCrédit Agricole will ask ECB authorization to cross 20% in the share capital of Banco BPM
The Milanese bank is the subject of a takeover bid from Unicredit
The Board of Directors of Crédit Agricole S.A. has approved to file an authorization request with the ECB to cross 20% in the share capital of Italian Banco BPM S.p.A.With this authorization, Crédit A... more
Conserved and jamsLa Doria completes acquisition of 100% of Feger's capital.
Ferraioli family group acquired with revenues of €83 million (47% abroad)
La Doria has completed the acquisition of 100% of the share capital of Fegé Srl and Fegé Logistica Srl, two companies formed as part of a partial and proportional spin-off of Feger di Gerardo Ferraioli S... more
ForeignUS tariffs: Trump imposes 35% on Canada, now it's the EU's turn.
Tariffs of 15% or 20% are likely on European products. A letter to Brussels is forthcoming.
Hit by 50%, Brazil is focusing entirely on Asian, Middle Eastern and South markets. more
Economy and financeFerrero is eating WK Kellogg's cereals.
Deal already closed: the confectionery company led by Giovanni Ferrero has paid $3.1 billion for the iconic US brand.
The rumor that Ferrero was interested in WK Kellogg (see EFA News ) has been confirmed. A joint statement from Luxembourg and Battle Creek, Michigan, announced that the Ferrero Group and WK Kellogg Co.... more
CoffeeThe International Coffee Tasting returns with the new ICT Benchmarks.
The international competition will take place in Milan from 18 to 20 November 2025: the tool for measuring coffee standards has been presented.
International Coffee Tasting, the international coffee competition organized by IIAC (International Institute of Coffee Tasters), returns again this year. It's the only competition that uses a strictly... more
Pasta and bakery productsFondo Italiano d'Investimento (FIAF) acquires stake in Santangelo Group
The acquisition of the historic Umbrian confectionery company is the 5th deal in less than two years.
Fondo Italiano d'Investimento Sgr has acquired a majority stake in Santangelo Group Srl, a historic Umbrian family-run company specializing in the production of leavened, ambient baked goods for large-scale... more
HealthItaly and Spain support the Mediterranean Diet
A debate at the Italian Consulate in Madrid: researchers and nutritionists push for tradition, innovation, and sustainability.
The Mediterranean Diet, recognized as an Intangible Cultural Heritage of Humanity by UNESCO, was the focus of a major Italian-Spanish discussion event held at the Italian Consulate in Madrid. The initiative,... more
CoffeeLavazza: Postpone the law on deforestation
The application of the EUDR would harm producers in Africa and Central America and raise prices
Lavazza has called for the European Union's deforestation law to be postponed for another year. "We are asking for the legislation, especially for coffee, to be postponed for another year," said Chairman... more
Economy and financePlasmon returns to Italy: thanks to NewPrinces
Mastrolia's company and Kraft Heinz have signed a €120 million deal
The bombshell, metaphorically speaking, exploded shortly after the stock exchange closed for trading in Piazza Affari. After rumors, gossip, and some tentative confirmations (see EFA News), NewPrinces,... more
Pasta and bakery productsEuropastry expands into Southeast Asia
Spanish baking giant acquires 60% stake in Art of Baking in Thailand
Europastry, the Spanish baking giant with a major subsidiary in Milan, Italy, has acquired a majority stake of 60% in Art of Baking in Thailand. The stake was acquired from Minor International Public Co.... more
Economy and financeAre EU quotas for Ukraine disproportionate?
Copa Cogeca and seven other associations express "serious concerns" regarding the treatment of sensitive sectors
Copa Cogeca and seven other associations have issued a statement outlining their "initial reactions to the revision of the EU-Ukraine Trade Agreement (DCFTA)." They write, "We note the publication of the... more
HealthPurina: fourth edition of the Betterwithpets Prize
€200,000 for European organizations promoting human health through animal welfare.
Purina, Europe's leading pet care company, is now accepting applications for the BetterwithPets Prize, Nestlé Purina Petcare Europe's award for non-profit organizations committed to improving the health... more
Economy and financeUS tariffs: Trump ready to send letter to EU
The letter specifying the amount of duties on European exports is expected to be sent in a couple of days.
Those analysts and international experts who just yesterday predicted that US President Donald Trump's letter on tariffs would be unlikely to reach the EU were wrong. Instead, the same treatment reserved... more
Conserved and jamsNestlé: New air fryer solutions coming soon
Group continues to benefit from the growing popularity of this modern cooking device
Nestlé announces the launch of ambient air fryer cooking solutions in Germany, Spain, Portugal, the Netherlands, Poland, Hungary, Italy, Greece, Finland, Norway, and Denmark. The company continues to... more
PeopleBarilla Group, Oddone Incisa new CFO
Ex Cnh, takes over from Giangaddo Prati
Oddone Incisa is the new CFO, Chief Finance Officer of the Barilla Group. Incisa takes up the role effective September 15 and replaces Giangaddo Prati who is leaving the group after 25 years. Incisa had... more
MeatsParma Ham Official Sponsor of Umbria Jazz
Free tastings and exclusive gadgets awaiting the public at the event
2025 confirms itself as a year dedicated to music for the Consorzio del Prosciutto di Parma. After the partnership with Piano City Milano, the event that transformed the Lombardy capital into an open-air... more
SustainabilityEsma has today published the first Climate Transition Plan
EU Markets Authority pledges to reduce carbon footprint of its operations including food consumption
The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has today published its first Climate Transition Plan, an important milestone in aligning ESMA's... more
Oils and condimentsOlive oil: production boom (+40%) in the 2nd quarter on an annual basis
Spain leads the ranking (1.4 million tons) followed by Greece and Italy (down 25%)
The second quarter of 2025 ended in a still uncertain picture for the global olive oil market. According to the Observatory on the International Olive Oil Market of Certified Origins, between April and... more
Economy and financeUkraine: Italy leads the way in olive oil and coffee imports
From January to May, the import of oil from Italy increased by 21.86%, that of roasted coffee by 2.1%
Italy continues to be a point of reference for the agri-food sector of Ukraine despite the winds of war that continue to blow. After the data that confirms the made in Italy pasta as number one in terms... more
AgrifoodWine: EU funds South Africa with 15 million euros. Protests spread
French winemakers on the warpath: "Funds taken away from our sectors in a time of great difficulty"
Between farmers and the European Union, the "détente" lasted a few months. The financing granted by Brussels to South African winemakers broke the fragile truce, causing growing discontent, starting with... more
DessertsIs Hershey Eliminating Artificial Colors?
Rumor from the US: the chocolate giant is ready to phase them out by 2027
The number of global companies deciding to eliminate artificial colors from ingredients is growing. The latest additions to the list include Nestlé (read the news EFA News ), General Mills (read the news... more
Government actsSoya. EU Commission: Green light for GMO cultivation
Ten-year authorisation for food and feed, following EFSA approval
The European Commission today authorised the use of a genetically modified soybean in food and feed, following a scientific assessment by the European Food Safety Authority (EFSA) which concluded that... more
Economy and financeMineral fertilizers: use down 20.5% in six years in the EU
In 2023, 9.3 million tonnes were used in agricultural production across the countries
According to Eurostat, in 2023, 9.3 million tonnes of mineral fertilizers (nitrogen and phosphorus) were used in agricultural production across the European Union. This represented a decrease of 3.7% compared... more
Government actsChina has decided: starting tomorrow, duties on EU brandy
Commerce Department imposes tariffs of up to 34.9% from July 5 for 5 years
So much so that, in the end, the Chinese duties on French cognac come into force tomorrow. The Chinese Ministry of Commerce issued today the "final decision" on the anti-dumping investigation on brandy... more
Economy and financeFAO /2. Cereals: Global production peak expected in 2025
Heat and drought could, however, affect yield potential, particularly for corn
FAO’s latest forecast calls for global cereal production in 2025 to reach an all-time high of 2 925 million tonnes, up 0.5 percent from last month and 2.3 percent from the 2024 level. The upward revision i... more