Foreign
308 news found
IndustryDe′ Longhi acquires Capital Brands for $420 million
US first market of the Group, aggregate turnover $500 million
De 'Longhi has reached an agreement with the affiliates of Center Lane Partners to acquire Capital Brands Holdings, Inc., one of the leading companies in the personal blenders segment with the Nutribullet... more
ForeignFerrero and Ilo in Turkey, to fight child labor in the hazelnut harvest
40 months of project and a contribution of over 4 million dollars
Ferrero supports Ilo (International Labor Organization) in the implementation of a project in Turkey, lasting 40 months, to contribute to the elimination of the worst forms of child labor in seasonal agriculture... more
ForeignNestlé reveals new names of Australian confectionery brands
Allen's Red Skins and Chicos, "racist shades that are not in step with the company's values"
Nestlé has renamed its Allen's Red Skins and Chicos lollipops to Red Ripper and Cheekies, in response to "shades that are out of step with the company's values." The brand's products underwent overhaul... more
ForeignGerber (Nestlé) unveils the frozen Freshful Start range for children
Nutritious options for little ones's meals
Gerber, a Nestlé-owned brand, enters the frozen food sector with the launch of a new line of organic morsels based on vegetables and whole grains. According to the company, the products of the Freshful... more
ForeignNomad Foods acquires Findus Switzerland for 110 million euros
The transaction will unify the ownership of the Group across Europe
Nomad Foods Limited announced today that it has entered into an agreement for the acquisition of Findus Switzerland from Froneri International Ltd, and of certain properties of a Nestlé SA subsidiary... more
ForeignNestlé takes over the majority of Mindful Chef
Company producing nutritionally balanced ready meals in the UK
Nestlé announced the acquisition of a majority stake in the British company Mindful Chef in a move to strengthen its direct-to-consumer offering in the UK and Ireland. Founded in 2015, Mindful Chef offers... more
DistributionThird quarter Kraft Heinz, sales growth in all sectors
Up 6%, reached $ 6.44 billion thanks to "at home" consumption
The Kraft Heinz business report for Q3 2020 shows net sales growth across all six consumer platforms as families continue to eat and cook more at home. Thanks to sustained at-home consumption in the third... more
ForeignMcDonald's hires a new chief diversity officer
Reginald Miller will become the company's head of equity and diversity inclusion
McDonald's has hired a new chief diversity officer. From November 9, Reginald Miller will become the company's global head of equity and diversity inclusion. Miller was previously the Head of Diversity... more
ForeignMondelēz International 3Q2020 results
Net revenues + 4.9%, gross profit increased by 276 million dollars
Mondelēz International, today reported the company results for the third quarter of 2020. "Our third quarter performance was strong across all key metrics, with broad-based revenue growth as demand remained... more
ForeignItalian companies at the China International Import Expo
Ferrero too at the Shangai's show, with 8 new products
An Italian business delegation will participate in the third edition of the China International Import Expo (CIIE) with over 80 exhibitors. "The Italian companies involved in the exhibition this year are... more
BeverageAB InBev: sales increase, +12.8 billion dollars in the third quarter
Positive performance in Brazil and the United States, Colombia and South Africa in down
AB InBev recorded an improvement in the number of sales in the third quarter, driven by the continued strength of the premiumisation trend with innovations such as seltzer Bud Light having a positive impact... more
BeverageMexico, boom in sugary drinks
Lighthouse of the international press on health impacts
"Mexico is the country where the most sugary drinks are drunk in the world and three quarters of its inhabitants are overweight", is what emerges from data from Statista, a German web portal for statistics.... more
BeverageHeineken will purchase the Asahi brands
It brings together the Strongbow global portfolio
Heineken has signed an agreement to acquire five beer and cider brands from Asahi Beverages, an operation that will meet the conditions for Asahi's purchase of Carlton & United Breweries (Cub). The condition... more
LiqueursDiageo acquires the British company Chase Distillery
Objective: to grow economically in the premium spirits category
Diageo has officially finalized the acquisition Chase Distillery, a British producer of gin and vodka, with the aim of growing economically in the premium spirits category. Founded in 2008 by William Chase,... more
BeverageGuinness 0.0 is born: zero alcohol, fewer calories
Launch on international markets scheduled for the end of 2021
The British multinational Diageo launches a new alcohol-free variant of Guinness beer on the market. The new beer is expected to arrive at the end of this month, after a long four-year development process.... more
Cheese and dairy productsFrance. Danone invests in "organic infant milk"
New 25 million Euro organic milk plant
The Danone company has announced its plans to build a new plant for the production of organic baby milk in France, in order to meet the growing demand from French consumers for organic products. An investment... more
Conserved and jamsGiglio Group brings Mutti to China
Implement the marketing strategy, promotion and distribution of products overseas
Giglio Group SpA, a company engaged in Italy in the design, construction and management of e-commerce platforms with high added value and listed in the Star segment of the Italian stock exchange (Ticker... more
Packaging and logisticsBrambles: regenerative supply chains by 2025
New vision and new objectives in terms of sustainability
Brambles, the supply chain solutions company operating under the Chep brand, has launched a new five-year sustainability program. Using its circular operating model, the company intends to transform the... more
CoffeeJde Peet's invests in new aluminum coffee capsules
A production capacity of + 60% is estimated
Jde Peet's, one of the largest pure coffee and tea groups in the world by revenue, today announced its intention to invest 110 million Euros (129.2 million dollars) in its global supply network through... more
BeverageRémy Cointreau acquires a stake in Champagne J. de Telmont
The details of the agreement on inventory, assets and vineyards
Rémy Cointreau, a French company engaged in the production and marketing of cognac, liqueurs and champagne, has acquired a majority stake from the champagne producer, Champagne J. de Telmont, for an undisclosed... more
BeverageNew acquisition for Carlsberg in Germany
Addition of the Wernesgrüner brewery and brand
The Carlsberg Group has signed an agreement with Bitburger Braugruppe, for the acquisition of the Wernesgrüner brewery in Saxony, Germany. The economic amount of the transaction was not disclosed. The... more
ForeignWorld Halal Authority (Wha) lands in the UK
The Italian certification body expands its services to the UK
The Italian certification body World Halal Authority (Wha) has decided to provide its services also in England. In Italy there are already several companies that have obtained the certification of Wha,... more
BeverageThaifex – Anuga Asia 2020 ends successfully
Spotlight on the future of Food & Beverage; interest of international buyers
Despite the difficult economic and health situation, Thaifex - Anuga Asia, one of the first commercial events to open in Asia following the pandemic, hosted 797 exhibitors and 21,104 visitors and professionals... more
Mineral waters and drinksCoca Cola will produce Topo Chico hard seltzers
The company's first steps into the low calorie alcoholic beverages market
Molson Coors has signed an agreement with Coca-Cola on the production, marketing and distribution in the United States of Topo Chico hard seltzers. It is a type of highball drink containing carbonated... more
ForeignNew Nesquik based on oats, peas and cocoa
Nestlé launches the plant drink in Europe
Nestlé has launched a plant-based alternative to its Nesquik milk and chocolate drink in Europe. The vegan alternative is a combination of oats and peas and cocoa from a sustainable supply chain.The launch... more
Government actsFabien Simon, new CEO of Jde Peet's
We aim to gain market share in the global coffee and tea supply chain
Jde Peet's, born from the merger between Jacobs Douwe Egberts and Peet's Coffee, has appointed the former CFO of Jde Fabien Simon as the new CEO, starting from 7 September. Simon, who held the position... more
Cheese and dairy productsInternational tour of Pecorino Toscano PDO
Upcoming promotional events in Spain, USA and Canada
Pecorino Toscano PDO returns to travel with 3 new international events. The first will be a Spanish stop and then will take off to North America, heading for Canada and the United States of America. A... more
Veg worldJeff Bezos invests in plant-based
The richest man in the world participates in the 85 million NotCo round
Jeff Bezos , a well-known American entrepreneur and the first richest man in the world, invests in plant-based foods consisting mainly or entirely of plant-based nutrients. Bezos participated, for an undisclosed... more
Gourmet cuisineChef Massimo Bottura in Lima for the opening of "Casa de Todos"
The goal is to donate 250,000 meals a year
The full pandemic, chef Massimo Bottura, owner of the Osteria Francescana in Modena with three Michelin stars, lands in Peru. Not a pleasure trip but for the opening of a canteen in Lima. Neither the health... more
ForeignChina-EU agreement signed for the protection of food excellence
100 products of 'inimitable' excellence
Agreement signed for the protection of food excellence between China and the European Union. It was time for the EU to ask the Republic of China for tangible progress in relations with the Western power.... more
WinesVeronafiere in Asia with Vinitaly and Ice to promote Italian wine
3 stages, 65 companies and 700 Italian labels presented in Shanghai, Xiamen and Chengdu
Veronafiere lands in Asia with Vinitaly and Ice to promote Italian wine. "I Love ITAlian Wines", now in its third edition and organized in collaboration with the partner Pacco Communication Group, starts... more
ForeignChef Balfegó Competition: Italians can also participate in the 4th edition
A challenge in Spanish territory that has the Mediterranean bluefin tuna as protagonist
Italy participates for the first time in the Balfegó professional cooking competition, now in its fourth edition. Balfegó is one of the major Spanish companies for the production of Mediterranean bluefin t... more
ForeignAn online auction to chat with food celebrities from all over the world
#AskChefsAnythingBeirut: an initiative to help the population of Beirut hit hard by the explosion of 4 August
#AskChefsAnythingBeiru is the hashtag of the digital initiative designed to raise funds for the population of Beirut. From yesterday, Thursday 10 September to Sunday 13, some of the most famous food celebrities... more
ForeignBurger King kisses McDonald's: Love wins over everything
An advertising campaign on the occasion of the Helsinki Pride, to celebrate love and put aside old grudges
Burger King kisses McDonald's at Helsinki Pride 2020 in Finland. The event started on 7 September, will end on Sunday 13 September with the traditional parade. On the occasion of the 'feast of love', the... more
ForeignNorth Korea: 60% of the population risks starvation
David Beasley, head of WFP asks for funding to tackle the North Korean food crisis
Strict containment measures due to Covid-19 and a sharp decline in funding, bring the economy already abundantly at risk of North Korea to its knees. Now more than ever, the food crisis afflicts a large... more
ForeignElanco Announces Agreement to Acquire Bayer’s Animal Health Business
Transaction valued at US$7.6 billion, financed by 70% cash and 30% equity combination
Elanco Animal Health has entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at US$7.6 billion. The planned transaction, which is subject to regulatory... more
ForeignUK: Boris Johnson tomorrow new prime minister
And he promises: "Brexit" by October 31st
Boris Johnson, former mayor of London, is now the new premier of the United Kingdom. Tomorrow there will be the handover from the resigning Theresa May to the leader of the conservative party, which beat... more
ForeignUSA asks for new duties: pasta, cheese, olives and more
The WTO will screen the Trump proposal on August 5
There is a battle between Boeing and Airbus at the center of the trade warfare carried out by the Trump administration against the European Union. The subsidies to the two Airbus A-380 and A-350 planes,... more
ForeignLondon, Theresa May leaves ...
The Prime Minister will resign next June 7 without any agreement in the food sector / VIDEO
Theresa May announced her resignation. The conservative premier will leave the leadership next June 7. She expressed her regret for not being able to implement the "Brexit", whose implementation will now... 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
ForeignPepsiCo announces acquisition of Health Warrior
Expanding presence in on-trend plant-based space
This marks the first investment led by the PepsiCo HIVE, a new entity within PepsiCo designed to grow smaller, emerging brands more
ForeignKerry Group (ingredients), strategic acquisitions
Operations in USA and Oman from EUR 365 million
Kerry, the global taste & nutrition and consumer foods group, in conjunction with its Investor Day in Singapore, announced it has reached agreement to acquire Fleischmann’s Vinegar Company Inc and AATCO F... more
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
ForeignFood waste: Tesco cancels the minimum expiry date
The British supermarket chain eliminates the "best before" from 70% of fresh products
By to the "Best Before" warnings on dozens of foods sold in Tesco supermarkets, the largest retail chain in the United Kingdom. The company announces it, in compliance with current national regulations,... more
ForeignAuchan Russia changes its target and gives it to the Premium
Increases quality and range to face the decline in market share
The Russian press reports the statements of the Auchan Retail Russia General Director, François Remy, to the online newspaper "Vedomosti". The French GDO that in Russia since 2002 has created a network t... more
ForeignWar of duties: China against US sorghum
Anti-dumping measures for American cereal
Don’t stop the commercial fight between China and the United States. This time the war of duties between the two countries is exacerbated by the Beijing government, which will impose temporary anti-dumping d... more
ForeignLondon, too much sugar in drinks: tax is arrived
And producers adapt themselves to reduce it
The sugar tax on soft drinks came into effect on Friday meaning manufacturers have to pay a levy on the high-sugar drinks they sell. This Law initiative that is part of the health program to tackle obesity,... more
ForeignAjinomoto reorganizes operations in Turkey
The new company will be named Ajinomoyo Istambul Food Industry and Trade Ltd Company
Ajinomoto Co., Inc. has decided to amalgamate Ajinomoto Istanbul Food Sales Ltd., KÜKRE GIDA VE İHTİYAÇ MADDELERİ NAKLİYAT VE ÖZEL EĞİTİM HİZMETLERİ TİCARET VE SANAYİ ANONİM ŞİRKETİ and Örgen Gıda Sanayi... more
ForeignCeva hits EUR1 billion in revenue
Performance was strong across all geographical regions
2017 will go down in history as the year for leading French player in animal health market achieved growth of 20% more
ForeignKentucky Fried Chicken coming to the Slovenian market
The first restautant will open by the year
The American food chain Kentucky Fried Chicken (Kfc) announced the future entry into the Slovenian market. By the year, the first restaurant on the motorway connecting Maribor with the Austrian border,... more