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Catering and hospitalityGreat maneuvers at Alice Pizza’s house
Idea Taste of Italy (Dea Capital) would like to sell: among the pretenders there would be the Clessidra fund
Great maneuvers in the house of Alice Pizza, the chain controlled by the idea Taste of Italy (private equity fund specialized in the agribusiness managed by goddess Dea Capital Alternative Funds Sgr) that... more
CoffeeLavazza Group: revenues of 3.1 billion euros in 2023
Net profit amounted to 68 million euros, down compared to 95 million last year
CEO Baravalle: "We are working to return to more favorable conditions, starting with the recovery of the gross operating margin" more
CoffeeStartup: Spanish Incapto cashes round from €6 million
The holding company P 101 and the family office of Drago (De Agostini) invested (among others)
The company promotes the consumption of specialty coffee from fair trade producers. more
TraditionsBalsamic Vinegar: government supports Unesco candidacy
The announcement on the national day dedicated to the precious product of Modena
"The Italian government will support the candidacy of Balsamic Vinegar of Modena as an intangible heritage of humanity". The announcement comes from Milano, from the press conference of the newborn IVACI... more
SustainabilityNespresso, 20 million for coffee in Dem. Rep. of Congo
Investment to support local farmers' access to global markets
Nespresso will invest 20 million dollars by 2026 to revive special coffee in the Democratic Republic of Congo. This is announced by Nestlé, the multinational company that owns the Nespresso brand that,... more
Economy and financePE ready for the assault of Preziosi Food?
Rumors of interest for the company: in pole position Dea Capital and Italian Investment Fund
The rumors multiply of how many, between industrial operators and private equity, seem interested in Preziosi Food, the group of salty snacks. Although the sale process has not yet been officially launched... more
Economy and financeLongino and Cardernal returned positive in 2023
Revenues grew by 12.9% and ebitda stood at 800 thousand euros, from the red of 700 thousand euros a year earlier.
The 2023 financial year "not only maintained the growth of the first half but also significantly improved the result". This is how Riccardo Uleri, president and ceo of Longino & Cardenal S.p.a., active... more
Economy and financeWhite Lab double shot on environmental and food certifications
Vetorix Engineering and Viverone Qi Composites from Biella acquired
White Lab, a platform formed about a year ago by White Bridge Investments II and leader in Testing services, has acquired Vetorix Engineering based in Marcon, in the province of Venice, and QI Composites,... more
Catering and hospitalityDispensa Emilia: two new restaurants in the heart of Veneto
Double in Padua for the chain controlled by Investindustrial
Dispensa Emilia continues its growth in the North East expanding with two new restaurants a few kilometers from the center of Padua. The first will open tomorrow March 28 in the shopping center Le Brentelle... more
Economy and financeCvc: after Italy, Iberian shopping for the English fund
First La Piadineria, now it’s the turn of the Spanish Monbake specialized in frozen dough
After the recent Italian shopping with the acquisition of La Piadineria, the British fund Cvc, one of the leading managers of private markets globally, announces the investment in Grupo Monbake, leader... more
LiqueursGrappa and brandy: New Zealand opens to free trade with the EU
Assodistil is satisfied with the agreement that ensures protection for Italian spirits
Last March 25, New Zealand notified the European Union of its ratification of the free trade agreement, discussions of which have been on the table for years, and which saw the EU's accession last November.... more
TechnologyAgronomic monitoring: Conserve Italia launches record-breaking network
Sensors in the field and artificial intelligence in the project born from the partnership with xFarm Technologies
The largest agronomic monitoring network in Italy is born in Emilia-Romagna, where field sensors and artificial intelligence support fruit growers on multiple fronts, providing precise indications on when... more
Economy and financeIcam chocolate beats the crisis: 2023 closed with revenues +7%
Despite the problems of cocoa, the company in Como reaches € 216.5 million in revenue, +36% from 2019
Icam Cioccolato, a company based in Orsenigo (Como), a leader in the production and marketing of chocolate and cocoa semi-finished products, announces the closure of 2023 with a turnover of 216.5 million... more
Cheese and dairy productsParmigiano Reggiano: over 3 billion euros for consumption in 2023
Production remains stable, total sales rise, both in Italy and abroad
This morning, during the annual press conference in Milan, the Parmigiano Reggiano Consortium presented the economic data for 2023. For the PDO, it was a year of great challenges: dairies and commercial... more
SustainabilityAccess to food: Nestlé and Gfn for the fight against hunger
Memorandum to support rural communities where the Swiss group operates
Nestlé and The Global FoodBanking Network (GFN), a non-profit organization committed to the fight against hunger and environmental sustainability, signed a Memorandum of Understanding to further strengthen... more
Economy and financeDanone towards the sale of its activities in Russia
Agreement closed with Vamin Tatarstan to whom dairy yields: loss of € 1.2 billion
Danone is on the way to agreement regarding its activities in Russia. After the latest news of recent days that foreshadowed a resurgence of hostilities with the Putin government since 2022, today the... more
VideoGalbani (Lactalis) brings the Italian spirit to the world
Exclusive interviews with top managers Giovanni Pomella and José Antonio Lalanda
Among the brilliant performances of Italian agri-food exports, cheeses stand out. Lactalis covers 20% of this export and, within it, Galbani represents the most widespread brand abroad. Quality and tradition... more
Fruit and vegetablesExica: two young men at the top of the company
The brothers Edoardo and Emanuele Rovetta take over the leadership of the family business
At the same time, the group establishes its division into a production company and a commercial one more
Most popular news
BeverageHeineken launches new campaign "Cheers To The Real Hardcore Fans"
From March 24th, the commercial supporting inclusiveness in the world of football /Video
Heineken celebrates the UEFA Champions League season with the new campaign "Cheers To The Real Hardcore Fans", starting from 24 March on the main television networks Mediaset, Sky, Discovery and on the... more
AgrifoodAife: Italian-Spanish partnership for the promotion of dehydrated f...
80% financed by the EU, the project has a total value of 1,180,000 euros
A three-year European project (2024-2026) started a few weeks ago, aimed at promoting dehydrated fodder produced in Europe and destined to gain market shares in Japan, Vietnam, Indonesia and Taiwan. The... more
Ice creamSigep participates in the XII European Artisan Ice Cream Day
The 2024 season of artisanal ice cream officially opens on March 24th: many events during the year
MeatsCoppa di Parma: 2023 turnover at 73 million euros, growing volumes...
Exports are on the rise, accounting for 10% of production: Canada covers 45% of the total
Economy and financeMars USA invests $70 million in innovation
In New Jersey new R&D Innovation studio
Fairs
FairsMacfrut presented at fruit and vegetable markets in Madrid and Barc...
Already 22 wholesalers have registered for the 41st fair at the Rimini Expo Center (8-10 May 2024)
Last weekend, a Macfrut presentation tour took place in the fruit and vegetable markets of Madrid and Barcelona, the largest in Spain and among the most important wholesale markets in Europe. The interest... more
FairsBalance sheets. Golden year for Italian Exhibition Group
Turnover at 212.4 million (+32.4%), ebitda equal to 49.5 million and net profit 13.3 million. The dividend returns
Italian Exhibition Group closes 2023 with revenues of 212.4 million euros, an increase of 52.0 million euros compared to the 160.4 million euros recorded in 2022. The Group - explains a note - consolidates... more