EFA News - European Food Agency
4,665 news found
FairsIeg (Rimini fair) goes in the red in the 1st semester
Loss of 26.2 million due to the blocking of activities due to the pandemic
Italian Exhibition Group, the holding that controls the Rimini and Vicenza fairs, closed the first half with a negative net result of 26.22 million (from the positive figure of 9.36 million in the same... more
IndustrySustainable luxury packaging by Fedrigoni
Acquires 70% of a NewCo with Tecnoform for thermoformed cellulose solutions
Fedrigoni, a company in the production and sale of papers for packaging, publishing and graphics, and labels and self-adhesive materials, enters with 70% of the capital in a NewCo that will produce internal... more
IndustryNestlé invests in R&D facilities in Singapore
The "upgrade" implies the introduction of a new regional accelerator
Nestlé has announced the upgrading of R&D facilities in Singapore, on the occasion of the 40th anniversary of its opening. The R&D center has played a key role in developing new products and technologies... more
Cheese and dairy productsLactalis: EU ok to the acquisition of Leerdammer
There are no competition problems for the Commission
Green light from the European antitrust to the acquisition of the Dutch Leerdammer by the French cheese and dairy giant Lactalis. The transaction was announced last March (see EFA News article of 22/3/2021).... more
FairsGrana Padano returns to Cibus 2021
Zaghini: "the supply chain is growing in the name of animal welfare and sustainability"
Cibus is back in attendance, the first among the major events dedicated to food, and sees the participation of Grana Padano, the most consumed PDO cheese in the world with over 5.2 million wheels produced... more
Mineral waters and drinksSangemini: ok from Agcm to control Clessidra and Magnater
The funds took over the shares of the Ami holding from the Pessina group
"The transaction in question does not determine, pursuant to Article 6, paragraph 1, of Law no. 287/90, the establishment or strengthening of a dominant position on the market concerned, such as to eliminate... more
NewsAnimal welfare: Subway joins the European Commitment on chickens
Voluntary standards exceeding the legal requirements for the protection of animals
Subway, an American fast food brand, has announced its adherence to the criteria set by the European Chicken Commitment by 2026, thus introducing some important minimum standards to reduce the suffering... more
FairsComellini, new entry to Cibus
International debut for its flagship product, Squacquerone di Romagna Dop
Comellini, the historic dairy of Castel San Pietro Terme, will be present for its first time at Cibus, the new entry of the 2021 edition of the international fair held in Parma from 31 August to 3 September... more
WinesChianti Consortium: production in decline but of high quality
"And let's hope in the rains" ... President Busi declares
"A little less, but very good. The 2021 production of Chianti wine will be reduced due to the spring frost. But the quality of the grapes is excellent. And we expect a wine that can enter the ranks of... more
FairsPositive interim results for Anuga
About 4,000 companies from 91 countries have already registered
Anuga 2021 is now almost close and will play a decisive role in the safe restart of the market. The exhibition for food and beverage products to be held in Cologne from 9 to 13 October sets new parameters... more
FairsNatural dairy products of Europe at Cheese Bra
From 17 to 20 September in the Cuneo area, the international dairy fair conceived by Slow Food
"The cheese market has always been the protagonist of Cheese, with hundreds of stalls teeming with caci of every type and shape, from caciocavalli of southern traditions, to alpine tomes, from irresistible... more
Economy and financePortobello Capital buys Farmol
Crédit Agricole joined the Spanish company as an agent bank
Crédit Agricole Italia supported - as Mandated Lead Arranger and agent bank - Portobello Capital, a leading private equity operator active in Spain, in the stipulation of a direct financing for the acquisition... more
FairsCibus 2021: the new products on exhibition
Dedicated meetings and appointments at the fair for professionals from large retailers and out-of-home
Many innovative products, but also the reinterpretations of the basic products that food companies will present during the Cibus event, in Parma from 31 August to 3 September. In addition to the wide range... more
Studies and researchPerugina partner of the Choco Age Project
A functional food to combat muscle loss in the elderly is being studied
Perugina (Nestlé) is a partner of the international Choko Age Project which over the next three years will study an integrated nutritional intervention plan and a specific training program that contrasts... more
Catering and hospitalityDutch Bros: the chain of coffee shops announces listing in New York
The group has 471 premises spread across 11 US western states
Dutch Bros Inc, the company that manages the largest chain of drive-through cafes in the US, with almost 500 places spread mainly in the western states, has announced that it wants to go public on NYSE.... more
Fruit and vegetablesApeel closes $ 250 million funding round
The growth path of the American startup of anti-waste food films continues
Parterre of private equity led by Temasek, with a valuation of the company of over 2 billion dollars. more
IndustryFranke Group reports 1H net sales up by 27.6 percent
The Artemis Group holding generated consolidated net sales of CHF 1,643.8 million
The Artemis Group, that includes the Franke Group, has released half-year results for 2021. Net sales increased organically by 32.7% at CHF 1,643.8 million, an increase of CHF 379.5 million or 30.0% compared... more
Import-exportAgri-food made in Italy: this year exports will exceed 50 billion
Scordamaglia: "To say stop to Parmesan we need a US-EU bilateral agreement"
“This year agri-food will hit the target set at the Milan Expo in 2015: for the first time exports will exceed 50 billion, albeit one year late due to the pandemic. But to be competitive, the brand is n... more
IndustryPepsiCo will be "net water positive" by 2030
The company aims to replenish more water than is used in its manufacturing operations
PepsiCo is committed to becoming "net water positive" by 2030 by replenishing more water than is used in its manufacturing operations. This new commitment will position the company among the most water-efficient... more
PetfoodHellman & Friedman launches take over on Zooplus
The German group is one of the major European operators in pet food
Private equity group Hellman & Friedman has announced the launch of a favorable public offering on the shares of Zooplus, one of the largest online pet retailers in Europe, listed in Frankfurt, valued... more
BeverageCarlsberg: Q2 above expectations
Revenues of € 2.94 billion. Expected operating profit to grow
Carlsberg closed the second quarter of 2021 with sales above expectations and announced an upward revision of its earnings estimates for the year 2021. The Danish group achieved sales of NOK 18.69 billion... more
Catering and hospitalityAutogrill toasts the increase in traffic at US airports
305% increase in travelers in June
Money on Autogrill on the Milan Stock Exchange with the stock that at 4 pm marks a + 2.52%, at € 6.42 per share. According to analysts, passenger traffic data at US airports contributed to pushing the ti... more
WinesFratelli Martini (wines): the family will not give up control
Confirmed assignment to Mediobanca for "to consolidate and develop business"
With an unusual paid notice, published today in the business newspaper Il Sole 24 Ore, the wine company Fratelli Martini Secondo Luigi, specifies that the family has no intention of giving up control of... more
AgrifoodOlam Food Ingredients on track for an IPO at the London Stock Exchange
The Company is a global leader in natural and sustainable food ingredient solutions
Olam International announced that its operating group, Olam Food ingredients, a global leader in natural and sustainable food ingredient solutions, intends to seek a primary listing on the premium segment... more
Catering and hospitalityTim Hortons China goes to Nasdaq
It belongs to Rbi, the holding company that also controls Burger King
The joint venture between Restaurant Brands International, Cartesian Group, Sequoia Capital, Eastern Bell Capital and Tencent, which manages over 200 locations of the Canadian coffee chain Tim Hortons... more
Catering and hospitalityDoppio Malto lands in the UK, with a first brewery in Glasgow
The company announces an ambitious plan of 100 openings
It's a bit like selling ice to the Eskimos. Doppio Malto, the brand present in Italy and abroad with 26 breweries-kitchens opens a first venue in the UK, or the kingdom of pubs, precisely in Glasgow. Located... more
LiqueursDiageo expands its agave spirits portfolio
Agreement signed to acquire Casa UM
Diageo has announced that it has reached an agreement to acquire artisanal brand Mezcal Unión through the purchase of Casa UM for an undisclosed sum. The spirits giant has been working in partnership... more
Studies and researchPlant-based alternatives and real meat: are they equivalent?
US research highlights all the nutritional differences between the two products
US research recently published in Scientific Reports, a journal of the Nature group, highlights significant nutritional differences between beef and plant-based analogues. The assessment was made through... more
Conserved and jamsQuattroR acquires 49% of Casalasco
100 million invested for the relaunch of the leading industrial tomato group
QuattroR, the investment fund specializing in the recapitalization and restructuring of medium-sized Italian companies, has acquired 49% of the Casalasco del Pomodoro Consortium with an investment of 100... more
Veg worldFable Food gets $4.8m in funding round
The start-up plans to use the capital to continue research and product development, and expand production capacity globally
Fable Food, a mushroom-based meat alternatives company, has raised AUD6.5m (about $4.8m) in seed funding, which will be used to expand its production globally. The funding round was led by Blackbird Ventures,... more
FairsThe contemporary Italian film festival presented by Lavazza
The event in Canada records the presence of over 50,000 participants every year
Since June 27, the ICFF (Italian Contemporary Film Festival) is celebrating its tenth year, presenting recent Italian films in Canada, with a series of North American and international premieres. The festival,... more
VideoAntica Dolceria Bonajuto: Sicilian excellence in the world
Exclusive interview with Pierpaolo Ruta, sixth generation at the helm of the company
For six generations and more than 150 years it has been producing handcrafted chocolate. It also hands down sweets and nougats of the Modican and Sicilian tradition, mostly of Arab or Spanish origin. It... more
Import-exportItalian food: leap in exports
Up by 11.2% in the first six months, towards the historic figure of 50 billion
Made in Italy food records the historical record in exports with a jump of 11.2% in 2021 and points towards the historic figure of 50 billion euros never recorded in the history of Italy. This is what... more
Food safetyEU modifies maximum cadmium levels in some food products
Commission regulation published in the Official Journal
On 11 August 2021 the Commission regulation (EU) 2021/1323 was published in the Official Journal. This modifies regulation (EC) no. 1881/2006 as regards the maximum levels of cadmium in some food products.... more
LiqueursStock Spirits raises a glass to £767M takeover by CVC
The offer of 377 pence per share represents a premium of 41% to the stock's close on Wednesday
CVC-affiliated Sunray Investments Luxembourg S.à r.l. will buy London-listed Stock Spirits for about $1 billion: the takeover offer of 377 pence per share for Stock Spirits represents a premium of 41%... more
ForeignThe European Foodservice Summit in Zurich starts again
The number one European platform for the restaurant industry
On 7 and 8 October 2021 the European Foodservice Summit in Zurich is back. The themes of the event will serve to analyze the most important changes in the catering sector. The main players (entrepreneurs... more
IndustryNestlé completes acquisition of major brands of The Bountiful Company
USD 5.75 billion investment for the American leader in supplements
Nestlé Health Science has announced the completion of the acquisition of the main brands of The Bountiful Company, including Nature's Bounty, Solgar, Osteo Bi-Flex, Puritan's Pride, Ester-C and Sundown... more
FairsLast stands at WorldFood Moscow
Everything is ready for the 2021 edition of the largest Russian food and beverage exhibition
WorldFood Moscow is the largest Russian food and beverage exhibition, a landmark event for the country's food market. The 2021 edition will be held from 21 to 24 September at Crocus Expo Iec and is down... more
Economy and financeJbs: record net profit in the second quarter of 2021
The company reported a total net profit of $ 16.8B
The Brazilian multinational JBS, the second largest food company in the world, has published the financial results obtained in the second quarter of 2021. The Brazilian giant, one of the largest producers... more
MeatsVeronesi acquires Certosa Salumi
The Italian cured meat producer will boost production of the typical products of Parma
Italian cured-meats producer Gruppo Veronesi has acquired Certosa Salumi from Agnetti family for an undisclosed sum. The Veneto based group, owner of brands including Veronesi, AIA and Negroni, said th... more
Packaging and logisticsPlanet-Score is arriving
The new labeling system that considers pesticides, biodiversity and animal welfare
Consumers' attention to the environmental impact of the food products they buy is growing rapidly. To provide him with more information and tools to make more informed choices, the ECO2 Initiative was... more
NewsIPCC sixth climate assessment report published
Less than 80 days before the start of the Cop26 in Glasgow/Annex
Just one possibility to reduce the effects of global warming: to reach net zero emissions as soon as possible more
IndustryNestlé: "zero deforestation" raw materials by 2025
New global strategy for soil and vegetation regeneration launched/Annex
Nestlé takes steps forward in its sustainability strategy, announcing its commitment to go beyond protecting forests through practices that can help them regenerate and thrive, thus adding an important... more
IndustryLabomar, German Berenberg fund enters the capital with 3.79%
The value of the transaction was approximately € 8.89 million
Labomar, a company listed on Aim Italia and active in the development and production of food supplements and medical devices, has announced that the German fund Joh. Berenberg, Gossler & Co. KG entered... more
MeatsPoultry: the new US national champion is born
Cargill and Continental Grain take over Sanderson Farms
A joint venture between Cargill and Continental Grain will acquire Mississippi poultry giant Sanderson Farms ($ 3.5 billion in revenue in 2020) with an offer of $ 203 per share in cash, equal to a total... more
FishJbs: both meat and fish
Launches take over on Australian salmon producer
From beef, pork and poultry - of which the Brazilian group Jbs is a world leader - to fish, specifically salmon. The Sao Paulo giant has in fact launched an amicable takeover bid by the Australian salmon... more
DessertsLindt & Sprüngli with double-digit sales growth in H1
Organic sales development +17.4% to CHF 1.8 billion
After a challenging previous financial year, Lindt & Sprüngli is reporting again positive results published the 27 of July. In the first half of 2021 Lindt & Sprüngli was able to report a positive organ... more
DessertsFerrero unveil new premium chocolate bars
For the first time in its history, the group is entering the new category
Ferrero is entering the premium chocolate bars category in UK, as reported by the British media: Ferrero Rocher and Raffaello’s taste experience can now be enjoyed available in the shape of a 90g bar w... more
Pasta and bakery productsPasta Zara: loan of 25 million from Amco executed
The arrangement procedure proceeds according to plan
Amco - Asset Management Company, one of the main operators in the Italian NPE market - Non-Performing Exposures, controlled by the MInistery of Finance, has completed the disbursement of the entire amount... more
Economy and financeKellogg: Better than expected results in Q2 2021
Net sales rose 2.6%, thanks to emerging market activities
Kellogg Company reported 2.6% growth in net sales in the second quarter of 2021, driven by activity in emerging markets. The company raised its full-year forecast for organic net sales growth to 0-1%.... more