Industry
349 news found
IndustryNestlé: Global Reorganization in Corporate Top Management
Leaner Executive Board and Mergers Within the Asia-Pacific and Americas Zones
All senior management will now report directly to CEO Laurent Freixe. more
IndustryNestlé: In Latin America it is among the companies where it is best to work
New CEO Freixe applauds the result and looks with interest at the potential of the Caribbean
Nestlé has been recognized as one of the best companies to work for in Latin America in 2024. Among more than 2,500 participating companies, the group secured ninth place in the prestigious Best Places... more
IndustryNewCold and Froneri join forces for new cold hub
Over 70 million euros of investments for the production plant close to Rome
A new cold hub, which aims to become the largest and most innovative automated logistics warehouse in Central and Southern Italy: the first stone of the new cold store of NewCold, an advanced food logistics... more
IndustryBayer celebrates 125 years in Italy
Corporate campaign launched to express "strong concept of Italianness"
The 19th century had not yet ended when Bayer landed in Italy: since then the marriage between the historic multinational and our country has been among the strongest.“We wanted to dedicate our 2024 c... more
IndustryPharmaNutra arrives in Germany with Sideral products
The partnership with the German Fresenius Kabi is
PharmaNutra S.p.a. company founded in 2003 by the brothers Andrea and Roberto Lacorte, specialized in mineral-based nutritional supplements, communicates "the imminent concretion" of the partnership signed... more
IndustryDe' Longhi’s "perfect" 1H24
Revenues at over 1.4 billion up 10.3% and ebitda in increase
The Board of Directors of De' Longhi has approved the results of the first half of 2024 closed with revenues of 1.423 billion Euro in growth of 10.3% (+3.5% on a homogeneous basis and +4.2% on a homogeneous... more
IndustryNestlé: organic growth at +2.1% in the first half of 2024
CEO Mark Schneider forecasts sales of +3% for the entire current year
The Nestlé Group has communicated its financial statements for the first half of 2024, which show signs of improvement on various fronts. Organic growth was 2.1%, with positive real internal growth (RIG)... more
IndustryRotoloni Regina reach the U.S
Sofidel acquires Clw Tissue division to grow in U.S. market
Sofidel, an Italian group owned by the Stefani and Lazzareschi families in business since 1966, one of the world's leading manufacturers of paper for hygienic and household use known in particular for t... more
IndustryPinsami, positive trend continues
The company controlled by Deutsche Invest closed 2023 with a turnover of 24.4 million (+45%)
For three years in the ranking of the Financial Times FT1000 Europe’s Fastest Growing Companies, Pinsami continues its run and confirms the positive trend that has seen in a few years conquer the leading p... more
IndustryNatural ingredients: HiFood launches Micro Protein
Range of allergen-free, clean label and 70% protein content
HiFood, a company specialized in the research, development and production of ingredients of natural origin, part of Csm Group together with Csm Ingredients, has developed a new range of micronized proteins,... more
IndustryNewlat, OK to Princes acquisition
Conditions fulfilled, closing of the operation on July 30th
Following the press release issued by Newlat Food on 27 May 2024 regarding the signing of an agreement for the acquisition by the Company of the entire share capital of Princes Limited currently held by... more
IndustryNestlé Italy: three months' paid leave for 82% of new fathers
CEO Travaglia: "Our growth is strongly connected to the well-being of those who work with us"
The Group expands the frontiers of corporate welfare, and also adds free telemedicine and constant commitment to smart working to the "Nestlé Baby Leave" more
IndustrySustainable packaging: Bartoli integrated into Isem Group
Transaction concluded with Crédit Agricole Italia in the role of financial advisor
The merger of Bartoli Packaging, a Tuscan company specializing in sustainable packaging for the luxury industry, into Isem Packaging Group, a company on the European market for premium rigid boxes for... more
IndustryNestlé: David Hancock is the new Head of Investor Relations
Long-experienced manager, succeeds Luca Borlini
Nestlé has announced the appointment of David Hancock as Head of Investor Relations, effective 1 October 2024. Hancock will succeed Luca Borlini , who will continue his long career at Nestlé in a new r... more
IndustryBauli: Luisa Franzone appointed Chief Operating Officer
The manager will be responsible for managing the entire production process
The Bauli Group announces the entry of Luisa Franzone as Chief Operating Officer, thus consolidating the team dedicated to operations and supply chain. Starting from 17 June, Franzone joins the leading... more
IndustryDea Capital invests in Ñaming sandwiches
Majority stake in the market-leading Spanish company acquired by the Talde fund
The Taste of Italy 2 investment fund, managed by DeA Capital Alternative Funds Sgr, has signed a binding agreement for the acquisition of a majority stake in Grupo Ñaming (Ñaming-Sansala), a Spanish c... more
IndustryDeA Capital Alternative Funds Sgr invests in fine steel blanking
Capital increase of 15 million euros subscribed for the benefit of Util Industries
DeA Capital Alternative Funds Sgr and Trasteel Trading Holding SA announce a new partnership for the development, growth and consolidation of the production base of Util Industries SpA. The partnership... more
IndustryFerrero opens first chocolate factory in North America
75 million dollar investment in new plant in Bloomington, Illinois
Ferrero North America has decided to invest 75 million dollars to open its first chocolate processing plant in North America, the third globally. The project sees the addition of 70,000 square meters to... more
IndustryNewlat food, sales up in 2023
Consolidated net profit jump to Euro 15.5 million (+135.2%)
President Mastrolia on Princes: "Great work in the acquisition attempt, British group with a turnover of about 2 billion Euros. Although the transaction had interesting strategic potential, Newlat considered that the current UK market environment required more caution". more
IndustryMontenegro Group chooses Centric PLM to accelerate development and innovation
Historic food and alcoholic beverage company implements software coming out of Silicon Valley
Centric Software, the Product lifecycle management market leader, announce that Gruppo Montenegro, Italian food and spirits market leader, went live with their Centric Plm implementation in 3 months. They... more
IndustryOlive Ficacci's turnover soars: reached 34 million euros, + 50% on 2020
The USA is the second largest market after Italy. But those of Japan, China and the Middle East are also opening
The Castel Madama (Rome) company also enjoys an excellent positioning in countries where the olive is at home such as Spain, Greece and Portugal, as well as in Northern Europe, South Africa and South America, where Colombia counts as last market reached in the first quarter of 2024 more
IndustryThe German Gea patented food monitoring system
Will be presented at Anuga FoodTec (Koln, 19/22 march): analyzes liquids in real time
Gea Foods, one of the world’s largest suppliers of systems for the food and beverage sectors with offices in Italy, is launching a new sensor system for the monitoring of food products. The GEA NiSoMate p... more
IndustryNestlé: Geraldine Matchett proposed as member of the Board of Directors
The probable election on April 18th. Henri de Castries and Kimberly A. Ross leave the Council
Nestlé announced today that it proposes Geraldine Matchett, previously the Co-Chief Executive Officer and CFO at DSM-Firmenich AG, a nutrition, health and beauty company, for election to its Board of... more
IndustryItalgel completes acquisition of the Spanish Protein
The subsidiary of the BU fund strengthens its position in the gelatine and collagen market
Italgel SpA active in the production of gelatin and collagen, controlled by the private equity BU (Bregal Unternehmerkapital) Funds, announces that it has acquired from entrepreneurs Maria Teresa Figueres... more
IndustryHousehold appliances crisis, even the German giant Miele fires
Cost cuts, relocation (in Poland) and reduction of 2,700 employees
By now we are getting used to it: when a company communicates that it has decided to launch a program of "efficiency", with the mind we immediately go to translate that it plans layoffs. Not an exception... more
IndustryClimate in Africa 2024: How will El Niño affect the cocoa market?
The problem raised by a Polish confectionery industry: hard times ahead
How much will the climatic phenomena linked to El Niño in 2024 influence cocoa production in Africa? The problem was raised by Aleksandra Kusz , head of corporate communications at the historic Polish... more
IndustryFerrero: Italian turnover is close to Euro 3 Billion
In 2023 investments of 142 million and staff growth of 3.5%
The holding's Board of Directors has been appointed, with Bartolomeo Salomone confirmed as president and the following directors: Alessandro d'Este, Gian Mauro Perrone, Bruno Ferroni, Massimo Micieli and Gian Luca Bassi. more
IndustryFiorucci crisis: an entire industry on its knees
Carla Ciocci (Ugl) explains to EFA News the stakes of the trade union battle
The investment funds - Navigator Group and White Park Cap. - that currently own the historic cured meats company have promised a relaunch but, at the moment, the only prospect is the dismissal of 200 employees. more
IndustryFiorucci announces 200 layoffs: trade union proclaims state of unrest
Deputy Secretary Ciocci: "The script has already been seen, there is a risk of new investment promises being betrayed"
The historic Italian company is in the hands of two hedge funds, Navigator Group (German) and White Park Capital (Irish). more
IndustryAntonio Carraro SpA: 7.5 million euros from Gruppo Cassa Centrale
Financing arriving for the Venetian company producing agricultural machinery
Antonio Carraro SpA, a Paduan company in the strategic sector of highly specialized machinery, obtains a pool loan of 7.5 million euros from Cassa Centrale Banca and the affiliated cooperative credit banks... more
IndustryItaly's Arrital continues its corporate strategy of expansion in Greece
New store in Thessaloniki for the company from the WeDo group
Arrital company from Fontanafredda (PN) of the WeDo group specializing in the production of kitchens opens a new store in Greece, in Thessaloniki precisely. The new showroom expands over 200 meters of... more
IndustryConserve Italia: investment plan of 86.6 million euros
Group financial statements approved, with growing turnover (+18%) due to price effects
An investment plan of 86.6 million euros which affects 7 Italian plants of the Group plus the headquarters, with the possibility of intercepting funds from the Pnrr and other state allocations, as well... more
IndustryIllva Saronno Holding SpA acquires G&P and the Alvena brand
Disaronno Ingredients thus strengthens distribution and expands its portfolio
Illva Saronno Holding SpA, an Italian multinational active in the global alcohol market thanks mainly to Disaronno, continues its expansion strategy by announcing today the acquisition of a majority share... more
IndustryPerfetti Van Melle acquires Mondelēz chewing gum
Two factories also detected: operation worth 1.35 billion dollars
C+F Confectionery and Foods SA and Perfetti Van Melle Group BV announce that Perfetti Van Melle has completed the acquisition of Mondelēz International's chewing gum operations in the United States, Canada... more
IndustryKinderini/2. Ferrero has invested 50 million euros in a new production line
120 hires in the company and a cutting-edge machine to make biscuits
Kinder Kinderini, shortbread biscuits officially presented today by Ferrero (read EFA News), are produced in Italy, in the Balvano factory, in the province of Potenza, the same one where Nutella Biscuits... more
IndustryNestlè: 6.5 million euros for the San Sisto plant
The structure will become the exclusive production hub of the Galak and Milkybar brands
With this investment, the company expects a 15% increase in volumes on the white chocolate bar line compared to current production as early as 2025. more
IndustryArmchair movements in Guala Closures
Mauro Caneschi new CEO of the Group; Del Torchio confirmed as president
Guala Closures SpA, active globally in the production of closures for spirits, wine, water and beverage bottles, announces that Gabriele Del Torchio , current president and CEO, will remain as Chairman... more
IndustryRepa and Jbt Avure announce strategic partnership
Original spare parts available for the food industry
Repa, the main European distributor of spare parts and John Bean Technologies Corporation (Jbt), leader in technological solutions for food processing, have signed a partnership agreement for the exclusive... more
IndustryNestlé: first-half sales at CHF 46.3 billion (+1.6%)
Purina and infant nutrition are up in double digits. S.Pellegrino and Acqua Panna tow the waters
Nestlé has released its mid-year report globally. The multinational's organic growth was seen in all geographic areas and categories reaching 8.7%, (with 9.5% pricing and real internal growth of -0.8%).Total... more
IndustryNestlé: 4.2 billion of shared value generated in Italy in 2022
The group announces 250 million investments in our country over the next 3 years
In 2022, the Nestlé Group generated 4.2 billion euros of shared value in Italy, equal to 0.22% of GDP, an increase of 5.5% compared to 2020. This is what emerges from the study "Nestlé creates value f... more
IndustrySaclà inaugurates a new factory
Investment of 21 million with the participation of Invitalia
Saclà, historic Italian company leader in the market of olives, pickled and in oil, has completed the expansion works of the Castello d'Annone (Piedmont, Italy) plant, the result of an investment of 21... more
IndustryNestlé leaves Myanmar
Factory and headquarters in Yangon closed: products entrusted to a local distributor
Nestlé will close its factory and headquarters in Yangon, Myanmar in a bid to shift to a more sustainable business model. A spokesman for the multinational said that the company has appointed Mdg, or... more
IndustryCarel expands into New Zealand
Food service refrigeration systems company acquires Auckland's Eurotec
The air conditioning systems group Carel has announced the signing of a binding agreement for the acquisition of 100% of the capital of Eurotec of Auckland (New Zealand) specialized in refrigeration machines... more
IndustryFerrero, new technical innovation hub in Alba
A model of industrial architecture dedicated to food
The new technical innovation center for Ferrero in Alba, in Piedmont, takes the name of Ferrero Technical Center. Designed by the Frigerio Design Group, it represents the new frontier of industrial architecture... more
IndustryCarraro (agricoltural machinery) expands in India
New plant inaugurated in Ranjangaon (Pune) for the production of gears
Carraro Group grows again in India. The Padua-based multinational agricultural and construction machinery company opens a new production area in the country. With the inauguration yesterday in the presence... more
IndustryDe' Longhi closes revenues 2022 down by 2%
Accounts weighed down by the bad performance of Europe
De' Longhi, a group listed on Euronext Milan and active in the small appliance sector dedicated to the world of coffee, cooking, air conditioning and home care, closed 2022 with consolidated revenues of... more
IndustryLindt & Sprüngli: organic growth of 10.8% in 2022
The increase in turnover is less marked in Europe (+5.3%) than in the rest of the world
In 2022, the Swiss group Lindt & Sprungli, active in the production of chocolate and confectionery, recorded sales of almost 5 billion francs, up 8.4% year on year. The performance, explains the company... more
IndustryCampbell soup moves to New Jersey
The historic US company transfers the Charlotte and Norwalk facilities: an investment of 50 million dollars
Campbell Soup Company will invest $50 million in its Camden, New Jersey headquarters, relocating facilities in Charlotte, North Carolina and Norwalk, Connecticut. Over the next three years, the company... more
IndustryArtificial intelligence creates the first personal sommelier
Iwcb achieves the personal gpt sommelier who advises how to pair wine and food
Artificial intelligence is also making its way into the world of wine. The Italian personal sommelier was born from Ai, who advises which wine to pair with certain foods or which dishes to pair with the... more
IndustryNestlé health science expands plant in the USA
$43 million investment to implement Eau Claire, Wisconsin site
Nestlé Health Science has announced a $43 million investment to expand its manufacturing facility in Eau Claire, Wisconsin. The funding will serve to add two new production lines that will increase production... more