EFA News - European Food Agency
4,851 news found
WinesAmc Vini is born, an Italian-French alliance with an exclusive Club
Meregalli enters the capital of Advini Italy, a joint venture with La Collina dei Ciliegi
Meregalli Giuseppe Spa enters in the capital of Advini Italia, the joint venture established on 20 July 2020 by La Collina dei Ciliegi and the French group Advini. The company now changes its name to Amc... more
DistributionInvestindustrial acquires the majority of Eataly
The entry (with 52%) of Andrea Bonomi's holding into Oscar Farinetti's creation has been formalized
The entry of Andrea Bonomi's Investindustrial into the capital of Eataly with a majority stake has been formalized. The financier will acquire 52% of Eataly through its private equity funds: it will do... more
Veg worldInnomy (alternative proteins based on mushrooms) raises €1.3 million in funding
The round was led by Corp. Cervino, Rockstart, Zubi Capital, Eatable Adventures and CNTA
The Spanish startup Innomy has raised 1,3 million euros in its Pre Series A funding round. The round was led by international investors as Corporación Cervino, Rockstart, Zubi Capital, Eatable Adventures a... more
Catering and hospitalityRossopomodoro, the partnership with Areas-MyChef takes off
New restaurant in Bergamo airport and soon to open in Fiumicino Rome
Thanks to the partnership with Areas-Mychef, Rossopomodoro conquers a new location in Bergamo Orio al Serio Airport, on the mezzanine floor, in the arrivals area, and in the meantime is preparing for the... more
Economy and financeReal estate, Dea Capital RE creates first pan-European fund
Collection objective of up to € 500 M, to invest in offices and assets for hospitality and retail use
DeA Capital Real Estate SGR has announced the establishment of its first pan-European fund dedicated to institutional investors: DeA Capital Real Estate Investment Fund I, with a collection target of up... more
Catering and hospitalityAutogrill receives 9 awards at Airport food & beverage 2022
The group excelled in both the Fab Esg and Fab Superstar categories
The Autogrill group wins nine awards at Fab, the Airport food & beverage conference & awards 2022 organized by The Moodie Davitt Report. The international event launched in 2011 for the airport catering... more
Packaging and logisticsNew DS Smith plant in Italy
The 34,000 m2 factoryfor the production of sustainable packaging has been inaugurated
The new DS Smith plant, world leader in the production of innovative and sustainable packaging solutions, was inaugurated in the province of Modena. The new production site of the company, which operates... more
FairsMacfrut aims for global leadership
From 3 to 5 May at the Rimini Expo Center: investments in promotion for 1.5 million euros, two new pavilions, and many new features
There are many novelties of the 40th edition of Macfrut, the international fruit and vegetable fair, scheduled at the Rimini Expo Center from 3 to 5 May 2023, presented to the press and operators (over... more
TraditionsEFA News wishes happy Summer holidays to everyone
The agency will reopen on Monday 22 August
EFA News informs its subscribers, reporters and social media fans that the agency will be closed from August 12, on the occasion of the Summer holidays.The agency will reopen regularly with the publication... more
Economy and financeInvestindustrial/2. Acquired Parker Food group
Today concluded the agreement with Riverside company for the company of special ingredients with high added value
The summer of Investindustrial is not over (see other article), which today acquired the American Parker Food group from Riverside company. It is a leading company in the development and production of... more
Economy and financeUSA shopping for Investindustrial
$ 950M deal for the acquisition of TreeHouse Foods
"Very hot" mid-August in the United States for Investindustrial (see also other article). As an official statement indicates, an indirectly held investment company (Investindustrial VII L.P.) has signed... more
Economy and financeBlu Banca and Sace finance Cilento
Loan of 5 million euros for the new plant
New 7,500 m2 high-tech production plant in Cellole, near Caserta. This is the number one goal of Cilento, a Campania company that produces POD Campania Buffalo Mozzarella, Buffalo Burrata and Buffalo Ricotta.... more
Economy and financeExport, record of the Italian agri-food districts in the 1st quarter
According to the Intesa Sanpaolo report, the share of EUR 6B has been reached (+15.4%)
In the 1Q2022, exports from the Italian agri-food districts reached a record value of EUR 6 billion, up by 811 million (+ 15.4%) compared to the same period of 2021. The result partly reflects the inflationary... more
Government actsSouth Africa versus EU due to oranges
Appeal to the WTO against the cold treatment of fruits
South Africa against the European Union because of oranges. This is the "gist" of the affair that is involving the two parties: South Africa, in fact, has appealed to the WTO against the EU decision imposing... more
Mineral waters and drinksCO2 is missing, bubbles are in crisis
Red alert from Italian industry entrepreneurs
The latest entrepreneur to sound the alarm was Alberto Bertone, owner of Fonti di Vinadio, which produces Sant'Anna water. "I have raised the alarm of a lack of CO2 not only in Italy but throughout Europe... more
Economy and financeCDP and Credite Agricole work alongside Aboca healthcare
Loans for EUR 33.5 million guaranteed by Sace
Increase investments in research and development but also increase production capacities and exports all over the world of health products made in Italy. These, in short, are the objectives of the new... more
Pasta and bakery productsBanco BPM finances La Molisana
Disbursement of EUR 3.5 million for investments in sustainability
Banco Bpm has completed a 3.5 million euro loan with Molisana, a pasta factory founded in 1912 in Campobasso and today specialized in the production of high-end pasta Made in Italy. The loan, with a duration... more
Studies and researchEFSA provides recommendations to improve welfare of farmed pigs
The first of several opinions on animal welfare to be delivered in the context of the Farm to Fork strategy
EFSA has published a scientific opinion on the welfare of pigs on farm, the first of several opinions on animal welfare to be delivered in the coming year in the context of the Farm to Fork (F2F) strategy.... more
Cheese and dairy productsBritish acquisition for Newlat Food
Acquired Symington's Group for over € 62 million
The Italian food company Newlat Food of Reggio Emilia, controlled by the Mastrolia family, has acquired the food and snack manufacturer Symington's Group, based in the UK, for a total consideration of... more
Government actsBalsamic Vinegar, Italy activates infringement procedure against Slovenia
Bratislava wants to transform the name “balsamic vinegar” into a product standard
The Italian Government has activated the infringement procedure pursuant to art. 259 TFEU against Slovenia for the protection of Balsamic Vinegar of Modena PGI. "The initiative - explain from the Consortium... more
Economy and financeReal estate. Dea Capital signs JV with Harrison Street in Spain
To build housing complexes intended for rent with advanced all-inclusive services
DeA Capital S.p.A., Italy's leading independent alternative asset management platform with a significant pan-European presence, and Harrison Street, a leading investment management firm dealing exclusively... more
WinesMasi Agricola closes the 1H22 with strong growth
The Boscaini family is preparing to celebrate the 250th harvest
Masi Agricola closed the half year 2022 with net revenues up 26.2% to 36.9 million euros. Ebitda reaches 8.4 million euros, against 5.4 million euros in the first 6 months of 2021, while net profit reaches... more
Catering and hospitalityDomino's Pizza, goodbye to Italy
All 27 premises of the chain that landed in Italy in 2017 are closing
Domino's Pizza Italia, after submitting an application for protection for the negotiated settlement procedure (pursuant to Article 5 of Italian Legislative Decree 118/21, similar to the American Chapter... more
FairsFico Eataly World loses 3 million euros
Visitors down, but revenues increased with a mandatory ticket
In 2021 Fico Eataly World, the large theme park in Bologna entirely dedicated to food, closed the balance sheet with a turnover of 12 million euros, and 3 million losses, with an average of visitors ranging... more
NewsNutri-Score banned by Italian Anti-trust authority
Carrefour will only be able to use it with special warnings for consumers
The Italian Competition Authority, AGCM, announced on Thursday 4 August that Nutri-Score can not be used in Italy without some warnings for consumers, and obliged Carrefour and other distributors using... more
FairsB/Open + Sol&Agrifood: Veronafiere's match made in heaven
Joint edition 2023 for the two events dedicated to b2b bio and to high-quality food farming
Veronafiere enhances its bio selection in the high-quality food farming sector and making the third edition of B/Open, b2b's exposition sole dedicated to organic, together with Sol&Agrifood, international... more
NewsCarrefour Italia won’t carry out Nutriscore on Italian products, PDO and IGP
In compliance with the Antitrust resolution that bound the group to use it rarely, informing consumers
Carrefour Italy is lining up with the instruction of the Antitrust Autorhity on the Nutriscore issue, the new ‘traffic light’ labeling that could possibly be imposed by the UE on food, which continues to... more
DistributionMarr, strong growth in the 1HY
Revenues of 874.3 million, net profit of 10.5 million
The Board of Marr, a company of the Cremonini group, leader in Italy in the distribution of food and non-food products to the foodservice, approved the half-year report as at 30 June 2022. The Rimini company... more
IndustryBayer increases revenues in the quarter and reduces losses
Leverkusen's group set aside 700 million for the Monsanto lawsuit in Oregon
Bayer achieved substantial growth in the second quarter of 2022: the Group sales increased by 9.6 percent to 12.819 billion euros on a currency- and portfolio-adjusted basis. EBITDA before special items... more
Economy and financeStarbucks, financial report better than expected
Record trimester at more than 8 billion dollars, 9% rise
Starbucks reported results exceeding expectations for the fiscal third quarter ended July 3, 2022. Sales of coffee drinks helped push the coffee giant's revenue to a quarterly record of $ 8.2 billion,... more
BeverageABInBev, revenue increasing by 11,3%
The Belgian beer colossus’ total volume up 3,4%
The Belgian beer producer AB InBev has registered a revenue growth of 11,3%, totaling 14,79 billion dollars in the second trimester (around 14,5 billion euros), compared to the 13,54 billion dollars (more... more
DistributionIVS Group (vending): acquisitions in Italy and Spain
Modena Distributori and Automatics Companys take over
IVS Group informs that has completed two small acquisitions, in Italy and Spain, that will increase and optimize the geographical coverage and logistic efficiency of the group in the markets already served. In... more
Pasta and bakery productsThe Italian food excellence Group is born
Between acquisitions to create an Italian pole of fresh pasta, gnocchi and other high quality goods
Aksìa Capital V has announced the creation of the Italian food excellence Group. After completing the acquisition of Masters in 2021, Ifex today completed three new acquisitions: Buona Compagnia gourmet,... more
IndustryDe' Longhi, revenue growing during 1HY
Revenue of over than 1,44 billion net earnings at 71,7 million
De 'Longhi closed the first half of 2022 with revenues of over € 1.44 billion, an increase of 0.9% compared to the first six months of 2021. EBITDA stood at € 149.1 million, equal to 10,3% of revenues and... more
Oils and condimentsGreat year for Modena's traditional Balsamic Vinegar
60% increase of the product
It's considered a made in Italy agri-food excellence, known and appreciated everywhere in the world. We're talking about the traditional Balsamic Vinegar PDO (protected denomination of origin) from Modena,... more
WinesIG Prosecco DOC recognized in New Zealand
Thanks to the recent bilateral agreement with the European Union
"A few months ago we celebrated the registration of the" Prosecco "brand in China - announces Stefano Zanette, president of DOC Prosecco - today we toast the recognition of IG Prosecco as part of the bilateral... more
IndustryColussi Ermes becomes yankee
Middleby Corporation buys the brand the produces washing systems for the food industry
'We have thought and reflected for years about this decision, but it's for the best. For the brand, to make it grow further, and for my family, of which not only my children are part of, but also 200 employees'.... more
CoffeeIllycaffè, semester growing
Revenue growing by 21% on 2021: increase on horeca
'We're very satisfied of the 2022 first semester's results'. Without mincing words, states Cristina Scocchia, CEO of Illycaffè, on the financial report of 2022'a first semester, closed with revenue increased... more
Catering and hospitalityAutogrill, first 2022 semester still under pre-covid levels
Revenue increasing by 78%, but losses crash to 37,4 million
"Despite a scenario still characterized by high uncertainty, the Autogrill group sustained the momentum of last year even in the first half of 2022, demonstrating the great resilience of its business model".... more
CoffeeNespresso launches 'Cafecito de Puerto Rico'
The brand stands by farmers with the project 'Reviving origins'
Nespresso launches 'Cafecito de Puerto Rico' in Italy, its first Puerto-rican coffee. The new product is part of the 'Reviving origins' project, that aims at renovating the coffee production in regions... more
CoffeeCaffè Borbone, profit falls in the half year (-27%)
Turnover grew (+ 3.7%), but the cost of raw materials weighed on the EBITDA
From the half-year report presented by Italmobiliare, the financial data of Caffè Borbone, a 60% subsidiary, emerged. At 30 June 2022 the Neapolitan company closed the first half of 2022 with a turnover... more
NewsThe first ship loaded with grain left Odessa
The unblocking of ports reopens to trade in Ukrainian cereals: 16 merchant ships ready to sail from the 3 ports
The first ship loaded with grain left today from the Ukrainian port of Odessa. The freighter, flying the flag of Sierra Leone, left the quay this morning with its precious cargo of cereals that it will... more
Fruit and vegetablesOrsero acquires two French company
The Ligurian group buys Blampin for €32M and Capexo for €44.6M
Orsero has signed two important exclusive agreements for the purchase of two French companies. The first concerns 80% of the capital of Blampin, the operating holding at the head of a group focused on... more
Packaging and logisticsBain Capital and BC Partners invest in Fedrigoni
The packaging group valued at 3 billion euros
Bain Capital private equity together with the BC Partners fund, one of the largest international investment companies, have signed a partnership agreement for the control of Fedrigoni, a Veronese group... more
Economy and financeMorato acquires NtFood
The Veneto group, leader in industrial bakery, grows in the production of gluten-free products
Morato continues its growth strategy by external lines with the acquisition of the majority stake in Nt Food, a Tuscan company specializing in gluten-free baked goods. The economic terms of the transaction... more
BiologicalFrance’s Compagnie Léa Nature invests in Bio Organica Italia
The Italian company will be aggregated to the Ekibio division of the French group
France’s Compagnie Léa Nature has completed the acquisition of a 60% interest in Bio Organica Italia and Bio Organica Farm, owned by Guadiano family. The economic terms of the transaction were not disclosed.Bio Or... more
Catering and hospitalityTamoil and Autogrill win a new 30-year concession in Switzerland
The two companies awarded the Herrlisberg Nord freeway service area in the canton of Zurich
Tamoil, the Swiss oil company, in partnership with Autogrill, has been awarded a new concession to operate the Herrlisberg Nord freeway service area in the canton of Zurich. The concession has a term of... more
Catering and hospitalityAneri's coffee points to the UK
The TriCaffè brand will be present in the San Carlo restaurants, a chain owned by the Sicilian Carlo Di Stefano
Aneri is a Venetian family famous for its wines, but has also diversified into coffee and is now aiming for Great Britain. its TriCaffé brand will be served in the restaurants and corners of San Carlo,... more
Economy and financeCrédite Agricole Italia: agreement with Confagricoltura
Focus on investment projects dedicated to young farmers
New action plan prepared by Crédit Agricole Italia and Confagricoltura in support of the Italian agricultural sector, with the aim of supporting companies put to the test by the persistence of drought... more
FairsIn May 2023 the first edition of Sigep China
Organized in Shenzhen by IEG in collaboration with Koelnmesse
It is scheduled for May 10-12, 2023 at the Shenzhen World Exhibition and Convention Center the first edition of Sigep China, the South China international fair dedicated to ice cream, pastry, bakery, coffee,... more