EFA News - European Food Agency
4,532 news found
CoffeeUSA. Coffee: Gaensel Energy acquires Officina della Cialda brand
The company is present with 35 stores in Italy
Gaensel Energy, a diversified holding company with assets in Software/Gaming and VR, Health and Wellness, CRM & Data, as well as General Contracting and Patented Building supplies, announces the acquisition... more
CoffeeUSA. Starbucks declares quarterly dividend of $0.45
The company commits $100 mil to advance racial equality
Starbucks Corporation yesterday announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock. The dividend will be payable in cash on March 5, 2021 to shareholders... more
Mineral waters and drinksUSA. Quench (Culligan) acquires Get Filtered water dispensers
The transaction adds to purchase of Pure Water Technology, Sunnybrook Water Company and Dove Water
Culligan-owned Quench has announced the acquisition of Get Filtered, a Texas-based provider of mains-fed drinking water systems. Founded in 2008 and headquartered in McAllen, Texas, Get Filtered serves... more
IndustryUSA. Ends the Pilgrim's Pride and Tyson lawsuit on chicken prices
The companies, accused of having made a trust, reach the settlement agreements of dispute
Pilgrim’s Pride and Tyson Foods have agreed to settle claims made by a group of poultry buyers that accused them of conspiring to inflate chicken prices. The US chicken producers reached a deal on Monday t... more
IndustryUSA. Tyson Foods invests on bacon
$ 26 million to increase production at a Wright Brand facility
Tyson Foods has announced a $ 26 million investment to increase bacon production at Wright Brand's Vernon, Texas facility. The expansion project, which is expected to be completed by March this year, will... more
IndustryMetro Italia closed the 2019-20 financial year with a turnover of 1.4 billion
It gains market share, now at 5.1% of the total food horeca market
Despite the effects of the pandemic and the related restrictive measures adopted by the Government, which had strong impacts on the overall market for out-of-home consumption, Metro Italia in the fiscal... more
HealthEfsa deems yellow mealworms safe for human consumption
The approval would lead the sale of food products derived from insects in EU
The European Food Safety Authority (EFSA) has deemed yellow mealworms safe for human consumption, paving the way for insect-derived food products to be sold across Europe. The announcement marks a significant... more
DistributionCarrefour, rumors of merger with the Canadian Alimentation Couche-Tard
Would be born a new global giant of large-scale distribution
The Canadian multinational convenience store operator Alimentation Couche-Tard confirmed in a statement that it has started negotiations with the French retail giant Carrefour regarding a possible "friendly... more
AgrifoodIDeA Agro and Agrintesa together in the production of SunGold yellow kiwi
Final closing of fund at 110 million euros: it is the biggest private equity operator of sector in Italy
IDeA Agro, in partnership with Agrintesa Cooperativa Agricola, has launched an agricultural development operation that involves the construction of a new plant of yellow kiwi of the G3 variety (SunGold-Zespri... more
NewsMore sustainable cocoa with the Asase project in Ghana
Public and private sectors together to end deforestation and restore forest areas
This month, public sector, private sector and civil society organization partners jointly launched the Accessible Soils And Sustainable Environments (ASASE) project in Ghana. Over the coming four years,... more
FairsCibus 2021: towards the new dates
Choice between mid-June or early September
A record budget is ready for the incoming top buyers more
Packaging and logisticsNovamont acquires the Norwegian BioBag Group
Bases for the expansion of the Italian B-Corp in North Eastern Europe, North America and Australia
Italy’s Novamont, a world leader in the development and production of biochemicals and compostable bioplastics, announced today it has acquired BioBag Group, a Norway based leading supplier of low-impact s... more
IndustrySnack, Utz Brands acquires Vitner's
A 25 million dollar operation
Utz Brands has entered into a definitive agreement with Snak King Corp to acquire part of the Vitner's snack brand business, for a total purchase price of $ 25 million. The sale includes intellectual property,... more
LiqueursCMA launches investigation into Diageo’s purchase of Chase Distillery
The merger could generate a substantial reduction in competition
The UK’s Competition and Markets Authority (CMA) has launched an inquiry into Diageo’s purchase of British gin and vodka maker, Chase Distillery, due to competition concerns. Diageo’s agreement to purch... more
Pasta and bakery productsPiadina Romagnola Igp is popular in consumption and via social media
Promotional video reaches 11 million users and 300,000 views
Piadina Romagnola Igp pleases the palate as a street food par excellence of Romagna, and also like a social product. At the end of the two years of promotional activity linked to the rural development... more
PeopleGiulio De Masi is new CEO of Enervit
The manager has experience in Artsana, Nestlé, Bistefani, Sara Lee and Kellog's
News in Enervit, a company operating in the sports food supplement and functional nutrition market. From Monday 11 January Giulio De Masi took on the role of general manager of the commercial area. He... more
Baby foodDeA Capital: Taste of Italy 2 fund concludes its first transaction in Spain
Acquired 60% of Alnut, Foodiverse keeps the remaining 40%
The investment fund Taste of Italy 2, managed by DeA Capital Alternative Funds SGR S.p.A. and Foodiverse Hold S.L, have signed an agreement under which 60% of the shares of Alimentación y Nutrición Familiar S... more
DistributionGiglio Group acquires 100% of Salotto Brera's share capital
The Group expands into the distribution sector of fashion and food items
Giglio Group SpA, an e-commerce company listed on the Mta-Star market of the Italian Stock Exchange, has signed a binding agreement for the purchase of one hundred percent of the share capital of Salotto... more
CoffeeCaffè Segafredo celebrates a new opening in Saudi Arabia
5th coffee shop inaugurated in Al Khobar
Segafredo Zanetti Espresso begins the new year with the opening of a café in Al Khobar, Saudi Arabia, which marks the fifth inauguration in the city and the fifteenth in the country. "Segafredo has embarked... more
Frozen foodsNomad Foods enters to acquire Fortenova Group’s Ffbg
Goal: Acquisition of market-leading frozen food brands across Europe
Nomad Foods Limited announced today that it has entered into exclusive negotiations to acquire Fortenova Group’s Frozen Food Business Group (FFBG), which includes Ledo, Frikom and other leading frozen b... more
Economy and financeCortilia: new 34 million round and transformation into a B-corp
Renzo Rosso enters the capital and the board of directors
Cortilia, announces conclusion of a new round of investments worth 34 million euros, underwritten by the existing shareholders and by Red Circle, and the transformation into a benefit company. Red Circle... more
Economy and financeBreeding and climate change: the final report of Life Forage4Climate project
Techniques to reduce GHG emissions and increase soil carbon uptake/Report attached
Everyday we have signs of the climate that is changing: temperatures higher than the seasonal average, extreme events such as water bombs and heat waves and agriculture pays the consequences, with droughts... more
ForeignVenchi debuts on Broadway
The new store in New York opens at Columbus Circle
Venchi Fine Italian Chocolates has opened its doors at 1796 Broadway between 58th and 59th Streets in Columbus Circle. Founded in 1878, Venchi sells a wide variety of gluten-free gourmet chocolates, pralines,... more
Packaging and logisticsGreensan Limited designs new factory in Italy
The group specialized in compostable packaging has a partnership in JV with Competitive Green Technologies
Greensan Limited Srl, a leading Italian company in the production of compostable and biobased materials for packaging and disposable (shopping bags, pods, capsules and stirrers for coffee, cutlery, glasses,... more
Mineral waters and drinksWhite Knight for Acque Minerali d'Italia
Clessidra and the American fund Magnetar attend in concordat
The American fund Magnetar and the Italian Clessidra go to the rescue of Acque Minerali d'Italia, the holding company that owns the Norda, Sangemini and Gaudianello brands, controlled by the Pessina family... more
Economy and financeBanca Generali invests in Treedom
The Florentine start-up is focused on reforestation
Treedom, a Florentine startup focused on reforestation, collected a 3 million euro investment from Banca Generali, subscribed through its 8A + Real Innovation fund. The investment is part of BG4Real, the... more
IndustryNomad Foods completes the acquisition of Findus Switzerland
110 million Euros to the Froneri International group
Nomad Foods, a frozen food company, completes the acquisition of Findus Switzerland, belonging to the Froneri International group, for 110 million euros. It also acquired the intellectual rights of the... more
BeverageC&C Group acquires a minority stake in Innis & Gunn
Scottish craft beers will be distributed in the UK and Ireland
C&C Group has made an investment in Innis & Gunn, taking an 8% equity stake in the Scottish craft brewer. Through the partnership, C&C Group will sell and distribute Innis & Gunn’s range of craft beers a... more
IndustryFrieslandCampina, switch to 100% rPet bottles from February 2021
Avoided production of nearly 1.9 million kilos of new plastic
The FrieslandCampina group has announced that starting from February 2021 it will produce PET bottles with 100% recycled material. The dairy cooperative said switching to recycled Pet (rPet) for wholesale... more
HealthPalforzia of Aimmune is the first treatment for peanut allergy in the EU
Approved the use of the biological drug, developed by Nestlé health science company
The European Commission has approved the use of Palforzia (defatted powder of Arachis hypogaea L.) for the treatment of peanut allergy in the European Union (EU). Developed by Aimmune Therapeutics, Inc.,... more
Conserved and jamsCanned tuna: the importance of label
For Nostromo observatory (Grupo Calvo), 60% of Italians check the expiration date and origin
Two-thirds of canned tuna consumers, especially the youngest, regularly consult labels on the packages, recognizing the importance of the information available. Among these, the expiry date (64%), the... more
BeverageCoca-Cola, the European bottler chooses Holland
The Group chooses the Netherlands as its home member state
Coca-Cola European Partners (Ccep) has chosen the Netherlands as a home member state following the UK's exit from the European Union for the purposes of the Transparency Directive. The company announced... more
LiqueursPernod Ricard bets on soft drinks
It acquired a majority stake in Ceder's
Pernod Ricard acquired a majority stake in Ceder's, of which he just was an exclusive UK distributor and marketer from 2018. more
Veg worldMars chocolate is becoming more and more vegan
Bounty Vegan and Topic Vegan arrive in the UK and Asda
Mars has expanded its range of vegan and gluten-free chocolate with the introduction of Bounty Vegan and Topic Vegan in the UK. The vegan alternative Bounty is a combination of cocoa and cubed coconut,... more
Packaging and logisticsNewCold is consolidated in Italy
The acquisition of Pacaro Logistica has been signed
The Pacaro structures near Rome thus complement those of NewCold that will be built in Milan area. more
Cheese and dairy productsThe new Italian giant of PDO cheeses is born
Parmareggio takes sole control of the Agriform business unit
On the one hand, the leader of Parmigiano Reggiano which belongs to the Bonterre group (over 1 billion in revenues); on the other, the first Venetian reality of DOP cheeses (Grana Padano, Asiago, Piave and others). more
MeatsAsda, or rather the oxymoron supermarket
Test bench of "vegan butcher" was inaugurated
"How do you say 'oxymoron' in Great Britain"? It is not a joke, but the question that arises spontaneously in the face of the news, which has come from across the Channel, of the experimental inauguration... more
MeatsVion plans to acquire a Belgian beef company
Objective: to consolidate the position in Western Europe
Vion Food Group has announced plans to acquire Adriaens, a beef producer based in Zottegem, Belgium, as a maneuver to expand its position in the country. Based in the Netherlands, Vion is an international... more
Conserved and jamsCampbell's sells bread to Jimmy's Cookies
The biscuit maker will acquire the Ecce Panis brand
After the Kelsen biscuits, sold to Ferrero (see EFA News article of 12-07-19 ) and the sale of the Australian snack business unit Arnott (see EFA News article of 02-08-19), Campbell Soup Company has signed... more
IndustryThistle raises $10.3 million in the series B funding round
The organic food company aims to expand its customer base in 2021
Thistle, the San Francisco-based meal delivery service, raised $ 10.3 million during a Series B funding round led by PowerPlant Ventures. The latter was joined by Siddhi Capital, Alumni Ventures Group... more
Oils and condimentsUnilever sells its latest stake in Bertolli to EnricoGlasbest
The deal ended for an undisclosed sum
Unilever sold its remaining stake in Bertolli to Dutch food group EnricoGlasbest, which will become the new owner of the business, including the rights to pasta, sauces and pesto in Europe. The deal, concluded... more
IndustryTyson Ventures invests in vegetable shrimp
New Wave Foods raises $ 18 million in a series A funding round
New Wave Foods, a San Francisco, California-based manufacturer of a plant-based shrimp alternative, raised $ 18 million in a Series A funding round, Forbes reported. This figure includes an investment... more
IndustryFrance: Innatis acquires Domaine des Coteaux
The fruit company expands its range and diversifies its summer stone fruit production
French fruit company Innatis acquired stone fruit producer Domaine des Coteaux for an undisclosed sum. Since its foundation in the 1950s, Innatis has distinguished itself for its production, packaging... more
WinesConstellation Brands and E&J Gallo complite $ 810 million wine deal
The sale includes part of the portfolio, five wineries and the polyphenolics asset
Constellation Brands has completed the sale of over 30 wine brands to E&J Gallo Winery, two years after the agreement was announced. Closing of deal follows Federal Trade Commission approval on December... more
WinesItalian Wine Brands distributes the dividend despite Covid
Will be paid 0.4 euros per share
The board of directors of Italian Wine Brands, a company listed on AIM Italia, has approved the proposal for the distribution of an additional ordinary dividend of € 0.4 for each share that will be entitled t... more
PetfoodCinven takes over Landini Giuntini
Ok of antitrust: there isn't constitution of a dominant position
Ok from the Italian antitrust to the acquisition, by Cinven Capital Management (through Artemis Acquistions Limited, wholly owned and controlled by the Sixth Cinven Fund), of the Italian Landini Giuntini,... more
FishAntitrust: ok the acquisition of Lagumar Seas by Pai Partners
The transaction in Italy concerns Riunione Industrie Alimentari and doesn't create a dominant position
Green light by the Italian antitrust to the acquisition of the Spanish group Lagumar Seas (parent of the Iberian fish brand Angulas Aguinaga, 220 million euros in turnover in 2019) by Maverick Directorship... more
Cheese and dairy productsDairy products ranked 1st in the cart of Italians
In 2020, milk, yogurt and cheeses saw sales grow by 8.4%
Boom in food & beverage spending in 2020: the lockdowns that have occurred during the year and the restrictions imposed to contain the pandemic, have led Italians to spend more time at home and, therefore,... more
IndustryFive italian companies join forces for a new compostable packaging project
Initiative led by the Ima Flx hub, concretely testify the Ima "Zero philosophy" of the Group
Five companies of excellence in the Italian supply chain are playing an important role as technological innovators in the transition process towards the circular economy, and they are Ima, Novamont, Saes... more
IndustryMetro strengthens in Spain with the acquisition of Davigel
An agreement between Sysco France, Davigel Spain and Makro Spain
Metro acquires Davigel España, a restaurant services company (FSD) until now controlled by the US wholesaler Sysco, to strengthen the company's strategy in the Spanish horeca market, where it operates... more