Industry
349 news found
IndustryAryzta rejects Elliott's € 734 million offer
The Group will sell business units in North America and Latin America
Swiss based Aryzta Group has rejected a € 734 million acquisition offer from the US investment firm Elliott and has announced its intention to sell its business units in North America and Latin America. E... more
IndustryAcqua Sant'Anna, 10 million investment in technology
By February 2021, the company's laser-guided robots will reach 45 units
Alberto Bertone, president and chief executive officer of Acqua Sant'Anna, announces the investment of 10 million euros aimed at expanding the range of LGV robots and the purchase of a new bottling line,... more
IndustryBarilla rewards employees
Allocated 11 million to be divided among the 8400 employees in the world
As a sign of appreciation for the dedication shown in 2020, the Barilla group will distribute a total amount of 11 million euros to its employees around the world. This special recognition is in addition... more
IndustryInspire Brands, acquisition of Dunkin' Brands is completed
The Group's restaurants are now 31,600, with a turnover of 26 billion
Inspire Brands, announced the completion of the $ 11.3 billion acquisition of Dunkin' Group. With the annexation of Dunkin' and Baskin-Robbins, Inspire now owns nearly 32,000 restaurants in more than 60... more
IndustryEnervit sells the Swedish subsidiary
Fjordviken Holding acquires the entire stake
Italian Milan based Enervit has signed a contract for the sale to Fjordviken Holding of the entire stake in the Swedish Enervit Nutrition AB, for 111,700 crowns. Fjordviken Holding will continue to be... more
IndustryCariplo Factory and BacktoWork support startups in crowdfunding
Advice, training and preparatory services for raising capital
The partnership between Cariplo Factory, the innovation hub created by the Cariplo foundation in 2016, and BacktoWork, an equity crowdfunding platform, is underway to support startups during the process... more
IndustryArçelik A.Ş, owner of Beko and Grundig, acquires 60% of Hitachi Gls
A transition worth 300 million USD
Arçelik A.Ş. and Hitachi Global Life Solutions, (Hitachi Gls) have signed a share purchase agreement with the aim of forming a new joint venture company. As part of the transaction, Hitachi Gls will f... more
IndustryErgon invests in Millbo and BioNaturals
A leading natural ingredients Group is born offering clean label solutions to industrial bakeries worldwide
Ergon Capital Partners IV SCSP announced the closing of the acquisition of a majority stake in Millbo, BioNaturals International and BioNaturals Europe (together “MillboBioNaturals”). The Group is a l... more
IndustryThe Equinox fund buys the Clas pesto
Acquired 80% of the Ligurian company founded in 1989
The private equity fund Equinox announces that it has reached an agreement for the entry with a majority stake (80%) in the capital of Clas, a Ligurian company world leader in the production of ambient... more
IndustryDe Longhi approves the distribution of the dividend
0.54 euros for each share having the right
The Shareholders Meeting of De' Longhi SpA met today, unanimously approved (89.46% of the total amount of voting rights) the proposal formulated by the board of directors for the distribution of a dividend... more
Conserved and jamsCampbell, 1st quarter revenue increase of 7% from soup sales
Strong growth recorded in United States and Canada
Campbell Soup Company recorded a 7% increase in first quarter net sales to $ 2.34 billion during what it calls the "heart of the soup season". During its first quarter of fiscal year 2021, the company... more
CoffeeSelecta and Nestlé, extended partnership for the distribution of coffee throughout Europe
After Starbucks, also the premium brands Nescafé and Zoégas
Selecta Group, a European self-service retailer, has extended its strategic partnership with Nestlé, and will distribute Nestlé's premium coffee brands in Europe for another five years. Following the n... more
IndustryEurostands lands in the Middle East with a new representative office
The company could build the pavilions of Expo Dubai 2021-22
Eurostands, an Italian company active for over 70 years in the exhibition, fitting out and retail sector, after having adapted to transformations to overcome the economic crisis, finds new life and continuity... more
IndustryUnilever completes the unification process, becomes a UK listed company
It will maintain listings on the Amsterdam, London and New York stock exchanges
Unilever has completed the legal unification of its group; Unilever Plc will operate under a single parent company from today. Since its establishment in 1930, the company has been owned by two different... more
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
IndustryCelli plays poker with T&J Installations
The group expands into beer in the UK with the fourth M&A
Celli plays poker with the English T&J Installations and scores the fourth M&A overseas in five years. In March, the Rimini group, global leader in the sector of beverage dispensing systems and accessories,... more
IndustryIngredients, Aksìa Capital conquers Nappi 1911
The family will remain involved in the management, will retain a minority stake
Aksìa Capital V, fund managed by Aksìa Group Sgr SpA, announces the acquisition of Nappi 1911, a historic Italian company active in the production and sale of ingredients and semi-finished products for i... more
IndustryCovid does not stop Barry Callebaut, sales resumed in the 4th quarter
Recovery of 4.3%, as anticipated by the company at the beginning of the year
Barry Callebaut confectionery company founded in 1996 from the merger between the Belgian chocolate producer Callebaut and the French confectionery company Cacao Barry, after a 14.3% decline in revenues... more
IndustryBranca International presents the "Sustainability and Awareness Report 2019"
Positive results in terms of economic efficiency, environmental and social protection
Branca International, a company operating in the alcoholic beverages sector, today presented its 2019 sustainability and awareness report. The Group, which has developed over the years according to the... more
IndustryElica recovers in the 3rd quarter
But the pandemic weighs on revenues in the first 9 months (-13.2%)
The group, based in Marche Region, is specialized in the production of hoods and kitchen tops. more
IndustryFerrero and Climate Change: new 2030 sustainability goal
Latest evolution of the "Care for the Better" commitment
The Ferrero Group has published its 11th sustainability report as the latest evolution of its "Care for the Better" commitment. In the Report, Ferrero outlines ambitious new goals to reduce its carbon... more
IndustryDried fruit market: the leaders are optimistic
The INC survey shows an industry ready to restart
The survey conducted by the "International Nuts and Dried Fruit Council" shows that the dried fruit market is strong and ready to accept new production challenges. A few months after the peak of the health... more
IndustryLindt Home of Chocolate: the new house close to Zurich
A unique competence center in Switzerland
On Sunday 13 September 2020, the Lindt Home of Chocolate based in Kilchber near Zurich will open its doors to the public. The company known for international chocolate production started this project 36... more
IndustryNestlé invests $ 30 million in the circular economy
Green choice to reduce plastic consumption and to zero net greenhouse gas emissions
Nestlé chooses the path of the circular economy and decides to invest 30 million dollars in the Closed Loop Leadership Fund. It is now widely known how much plastic damages the planet earth, in particular... more
IndustryGuala Closures pay the consequences of Covid impact in the half year
Revenues of 282 million (-3.2%) and a net loss of 7.3 million
Guala Closures, world leader in the production and sale of closures for the alcohol, beverages and food industry, closed the first half of the year with revenues of 281.8 million euros, -3.2% at constant... more
Cheese and dairy productsBergader continues to grow in Italy
Soft cheese market share in large-scale distribution exceeds 16%
2020 represented a year of rise in Italy for Bergader, a German company specializing in dairy products that arrived in Italy since 1902. Bergader, which literally means "mountain vein", continues to invest... more
DistributionMareblu (Thai Union): a new 'drop-proof' tuna adv campaign in Italy
The new spot emblem of authenticity, practicality and Italian style
The new Mareblu Tuna in Oil arrives on Italian tables thanks to a new commercial spot broadcast by the main national televisions, a sequel to the advertising campaign launched in July 2020. Mareblu, a... more
IndustryInvestindustrial acquires Della Toffola
As part of the deal, the family will remain minority shareholders with 26.5 per cent of the business
Andrea Bonomi's private equity holding Investindustrial (by Investindustrial VII L.P. fund) takes over the majority of Della Toffola and DT Invest, an Italian Treviso-based company founded in 1958 and... more
IndustryKellogg will produce sustainable vanilla with Symrise
Over 1,000 smallholder vanilla farmers in Madagascar will engaged
German Symrise, the major producer of flavours and fragrances, has partnered with Kellogg Company in a three-year project in Madagascar that aims to responsibly source 100% of Kellogg’s vanilla by 2020. T... more
IndustryNestlé, European Clean Trucking Alliance for sustainable road freight
This unique coalition brings together NGOs, shippers, logistics and consumer goods companies
Nestlé has today joined other partners in founding the European Clean Trucking Alliance. This unique coalition brings together NGOs, shippers, logistics and consumer goods companies. Together they share... more
IndustryGuala Closures acquires assets of German Closurelogic
Italian company consolidates its position in the beverage and water market
Guala Closures Spa, the world leader in the production of security closures for spirits and aluminium closures for wines, as well as one of the major world producer and distributor of aluminium closures... more
IndustryNestlé supports families with new global parental leave policy
Today the launch, in support of enhanced and more inclusive parenting
18 weeks parental leave for primary caregivers and 4 weeks for secondary caregivers, which can be increased where required by local regulations. This new policy will be adopted starting in 2020 and will be fully implemented globally by the end of 2022 more
IndustryKraft Heinz Reported 1H2019 results indicating more than $1.2 billion in impairment charges
CEO Miguel Patricio says level of decline not acceptable
The Kraft Heinz Company reported preliminary financial results for the first half of 2019 that reflected lower net sales despite improving consumer takeaway trends in key markets, as well as the adverse... more
IndustryNestlé reports organic growth of 3.6% in HY2019
Net profit declined by 14.6% to CHF 5.0 billion, FY guidance for 2019 confirmed
Nestlé reports half-year results for 2019 with organic growth of 3.6%, with continued strong real internal growth of 2.6% and pricing of 1.0%. Increased growth was led by the United States and Brazil.... more
IndustryCargill ‘s earnings slows in 4Q 2019
Due to uncertain global business environment
Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019: adjusted operating earnings were $476 million, down 41% from the $809 million earned in last year’s record f... more
IndustryNestlé will launch a new pilot programme with open blockchain
To track products such as milk and palm oil
Nestlé will launch a new pilot programme to track products such as milk and palm oil by using blockchain technology. The world’s largest food company is collaborating with OpenSC, a blockchain platform th... more
IndustryNomad Foods launches new sustainability strategy
The third largest frozen food company globally published Our Sustainable Path Report 2018
Nomad Foods (Findus, Iglo, BirdsEye) has launched Our Sustainable Path, a European wide sustainability plan, with the publication of the company’s second sustainability report for 2018. Recognising that f... more
IndustryDuPont to combine its nutrition and bioscience divisions
industria
DuPont will consolidate its operations by combining its Nutrition & Health and Industrial Biosciences divisions into one unit, called DuPont Nutrition & Biosciences, in an attempt to accelerate its growth... more
IndustryNestlé creates research institute for packaging
To accelerate sustainability agenda
Nestlé announced the creation of the Nestlé Institute of Packaging Sciences, dedicated to the discovery and development of functional, safe and environmentally friendly packaging solutions. This is a s... more
IndustryKraft Canada announces sell cheese business to Parmalat
Object: the brands Cracker Barrel, P'tit Quebec and aMOOza! for 1,1 bn
Also the Ingleside plant, Ontario, will change hands and about 400 employees of the plant will be taken. Kraft to continue to have other brands, Philadelphia among them more
IndustryPepsiCo Launches Nutrition Greenhouse Program
The program follows the launch in Europe last year
To support food and beverage brands driving change in North America 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
IndustryLabels based on nutritional profiles: the global map
GDA is the most common system. Among black Chilean octagons and English traffic lights consumer’s confusion increases
“It is necessary to provide citizens a labelling system on a strong scientific basis which takes into account the food as a whole and with univocal rules for the unique market”. That is what Luigi Sco... more
IndustryInvestindustrial to acquire Ceme Group
The operation 285 milion euros worth
An investment subsidiary of Investindustrial VI L.P. (“Investindustrial”) has agreed to acquire CEME Group S.p.A. (“CEME”) from Investcorp. CEME is a leading manufacturer of highly engineered, precisi... more
IndustryUnilever to sell its Spreads business to KKR for €6.825 bilion
Completion is expected mid-2018
Unilever to sell its Spreads business to KKR. Unilever stressed that divestment will allow us to focus better on the highest growth business. Unilever spreads business includes brands such as Becel, Flora,... more
IndustryInlace and Cdp, a protocol of understand for the food industry in Angola
Italy supports the creation of the largest agri-food centre on the African continent
On the occasion of the Italian Premier Paolo Gentiloni’s visit to Angola, the Cassa Depositi e Prestiti Group and Inalca (Cremonini Group), through their own Angolan subsidiary, have preannounced the s... more
IndustryMondelēz launching a new well-being snack brand
Véa snacks celebrates real ingredients and globally inspired recipes
Just hit store shelves in the United States and Canada more
IndustryNestlé: Koehne + Nagel Netherlands logistics partner
This is an ‘Omni channel approach’, in which all logistic flows are managed centrally
Over the next five years, all products by Nestlé - Netherlands will be warehoused, transported and delivered by Kuehne + Nagel more
IndustryFerrero: "We do not comment on speculations"
This is the response to the rumors of his interest in Nestlé's sweet division in the United States
According to the Dealreporter website, it would be studying the dossier more