EFA News - European Food Agency
4,659 news found
Economy and financeToday closing for the wedding between Sammontana and Forno d'Asolo
Group is born from 1 billion euros: international ice cream, frozen bakery and pastry
The closing of the transaction announced on 5 February, thanks to which the Bagnoli family and Frozen Investments S.à r.l., Investindustrial VIII investment companies, have started a partnership to create a... more
Economy and financeEnervit, half year in the dark
Revenues up to 49.9 million euros but ebitda and net profit decrease
The board of directors of Enervit, a company active in the sports food supplement and functional nutrition market, known for its foods and supplements, approved today the half-yearly financial report closed... more
Economy and financeSecond quarter "black" for McDonald’s
Sales down, net profit drops 12%: all the blame of inflation
McDonald’s records the second quarter ended June 30, 2024 with a global decline in sales, the first since 2020, that is the first in 13 quarters. The data came as a surprise and, emphasizes the fast f... more
AgrifoodItalian Fine Food invests in Heallo's nutrition
Private Capital Fund offers sustainable solutions to enhance Made in Italy excellence
The Private Capital Italian Fine Food fund, promoted by Avm Gestioni Sgr Spa Gestore EuVeca Società Benefit, with the aim of enhancing the regional excellence of Made in Italy food, has completed a loan... more
NewsCultured meat: question arrives at the EU Commission
Anna Maria Cisint (Lega): "There is a lack of studies that demonstrate the absence of risks in the consumption of synthetic products"
“The request for the sale of laboratory meat, which arrived in the EU from a French start-up, has triggered protest reactions not only within the agricultural sector and from consumer associations". T... more
Coffeeillycaffé: rising balance sheet in the first half of 2024
Turnover, Ebitda and net profit rise
illycaffé closed the first half of 2024 with consolidated revenues rising to 289.1 million euros (+3.8% on an annual basis). Ebitda stood at 46.2 million euros (+26.2%), thanks to the organic growth in... more
Economy and financeFerrero acquires Nonni’s Bakery
The biscuit producer Usa acquired through CTH Invest
CTH Invest SA, a Belgian company owned by the Ferrero family, has acquired Nonni’s Bakery from Vestar Capital Partners, a leading private equity firm in the mid-market US. Founded in 1988, Nonni’s Bak... more
Government actsItaly-China: partnership to protect GI
After Meloni's meeting with Prime Minister Li Qiang, more fight against counterfeiting
Food safety among the issues at the center of the new four-year agreement signed between Rome and Beijing more
Government acts"Shrinkflation": italian Government crackdown on manipulated prices
Bill introduces an obligation to provide information in the event of a reduction in the quantity of product, for the same expenditure
The "Competition bill", just approved in Italy by the Council of Ministers, in addition to introducing the new legislation on dehors, also provides for a measure to combat the phenomenon of so-called "shrinkflation".... more
Economy and financePepsiCo invests 13 million pounds in Doritos factory in Coventry, UK
New production line with machinery that will reduce greenhouse gas emissions by 700 tons per year
"We invest £13 million in the Coventry plant". This is the beginning of the announcement with which PepsiCo announces an investment of more than 15.4 million Euros in the plant of Coventry, in Great Britain,... more
Economy and financeFerrero’s Wells Enterprises increases investment in ice cream
The confectionery company is putting another $ 174 million in the plant of Dunkirk (New York) to double production
Wells Enterprises, the Usa ice cream giant entered in 2022 in the Ferrero galaxy The European Commission has increased investment in the planned expansion of its Dunkirk production site in New York by... more
ForeignFrance: authorization requested for synthetic "foie gras".
First attempt to clear meat grown in the EU through customs. EFSA ruling is awaited
After the customs clearance arranged last week in the United Kingdom, for the first time an official request arrives in the European Union. The initiative comes from the French company Gourmey, which would... more
HealthSanpellegrino Observatory: physical exercise and hydration, a winning combination
Ideal waters for athletes are mineral waters with a fixed residue exceeding 1500 mg per litre
Water is essential for life and for maintaining the general state of health of the body, especially during sports, since the body loses liquids through sweating, making it necessary to replenish them to... more
Conserved and jamsLa Doria acquires 100% of Clas, producer of sauces and pestos
The sellers are the Luxembourg fund Equinox and Cominter
La Doria, a group controlled by Investindustrial, producer of tomato derivatives, sauces, legumes and fruit juices under the large-scale retail trade brand, has signed with Equinox - a private equity fund... more
Catering and hospitalityThe Urio Castle moves from Opus Dei to Belmond (Lvmh)
Purchased for 63 million euros, it will become a superluxury hotel
Despite the slowdown in the accounts of the luxury giant, Lvmh makes high-end purchases in Italy. The subsidiary Belmond, in fact, has just completed the acquisition of the Castello di Urio, in Carate... more
Economy and financeEU: agri-food trade surplus at 5 billion euros
Exports reach 19.8 billion in April 2024: Ivory Coast and Nigeria are the most benefited countries /Annex
In April 2024, the EU agri-food trade surplus reached €5 billion, still 4% higher than in April 2023, despite a 25% reduction compared to the previous month. Exports reached 19.8 billion euros, primarily d... 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
LiqueursCognac. Black smoke in Beijing: no brandy deal
After the first meeting of the industry/Chinese government, still unknown the timing for the anti-dumping investigation
No action at the meeting of EU managers representing the cognac and brandy sector (led by the French Remy Remy Cointreau, Pernod Ricard and LVMH) and the Chinese government. The meeting that took place... more
BiologicalProbios acquires 100% of BiotoBio
By this operation, the Tuscan group aims to exceed 100 million in turnover
Probios has acquired 100% BiotoBio, a company in the EcorNaturaSì ecosystem, which markets organic products wholesale, in particular for the Horeca sector. The company is also active with various own... more
Packaging and logisticsOriginal news Logistics, the British Segro sells 4 logistic hubs in Milan and Rome
Warehouses are rented to customers active in e-commerce and food distribution
Segro, a UK Reit listed on the London Stock Exchange and Euronext in Paris , as advisor to the joint venture Selp, Segro european logistics partnership has announced on behalf of Selp the sale of a portfolio... more
SustainabilityOrsero, esg rating above the industry average according to EthiFinance
Awarded to the farm of fresh fruits and vegetables in Liguria a score of 69/100
Orsero, one of the leaders in Mediterranean Europe for the import and distribution of fresh fruit and vegetables, reports the results of the unsolicited esg rating of EthiFinance, relating to the performance... more
Import-exportBrexit. Food record for Italian exports in the UK
Agri-food is the number one export item to Great Britain
Agri-food is the first item of Italian exports to the United Kingdom with 4.53 billion euros (2023) and the sector with the highest growth in exports in value (+35% on 2017). For the national PDO PGI food... more
LiqueursRemy Cointreau, cognac goes to the back of France
Bad first quarter closing: revenues -15.7%. Double-digit declines for all divisions
The difficulties of cognac are still being tackled by Rémy Cointreau who, in addition to the problems of the sector in China, must also think about his home accounts, The first is the problem of sales... more
Economy and financeEurostat: production of manufacturing goods decreasing (-1.2%) in 2023
In contrast, food, drinks and tobacco recorded growth of 5%
After two successive increases (+8.5% in 2021 compared to 2020 and +0.4% in 2022 compared to 2021), according to Eurostat, the production of manufacturing goods in the European Union recorded a decrease... more
Government acts"Stop fake food": popular initiative registered by the EU Commission
Access to transparent information regarding the food products that are purchased is required
The European Commission decided today to register two European citizens' initiatives, entitled "Stop Cruelty Stop Slaughter" and "Stop fake food: origin on the label". The organizers of the first initiative... more
DistributionCarrefour "adopts" Centric PLM to enhance purchasing strategies
Supermarket chain wants to become Europe's leading digital retailer
Centric Software, the market leader in product lifecycle management, announces a partnership with Carrefour. As part of its mission to make its products accessible and convenient for everyone, and support... more
Economy and financeLindt closes half-year with “robust growth” in sales
Revenues up 7 percent to 2.16 billion Swiss francs (2.2 billion euros): sales growth between 6 percent and 8 percent expected in 2024
The Lindt & Sprüngli Group achieves “robust growth” in sales and profits and confirms its outlook for 2024. that, in a nutshell, is the result of the Swiss confectionery group's first-half 2024 numbers, whic... 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
MeatsLidl invests 1.5 billion in Uk for beef
The discount chain is setting a new standard in production
Lidl Great Britain will invest 1.5 billion pounds in British beef production over the next 5 years. This was stated by the supermarket chain itself in a statement stressing that it is “setting a new s... more
Government actsFood delivery: EU Commission investigates suspected dominant position
Delivery Hero and Glovo may have violated European competition rules
The European Commission has launched a formal antitrust investigation into whether Delivery Hero and Glovo have breached EU competition rules by participating in a cartel in the online ordering and delivery... more
Catering and hospitalityChef Express: ESG principles underlying corporate strategies
2023 sustainability report published. CO2 emissions cut equal to 32,813 tons
Castellano (Chief Quality & Esg Officer): "Our transparent and open report, with the aim of transmitting the values that animate our company" more
Economy and financeInvestindustrial buys Piovan: another company leaves the Stock Exchange
Food machinery company acquired by Automation Systems for 719 million: Piovan’s stock will be delisted at closing
Automation Systems S.p.a., a company whose share capital is indirectly held by Investindustrial VIII SCSp, has entered into a purchase and sale contract with Pentafin S.p.a. for the acquisition of 58.35%... more
Economy and financeElectrolux returns to profit
Profits at almost 36 million Euro from the red of 10 mln a year ago. Well the Professional division
Electrolux Group returns to profit after a series of quarters in negative territory. The second quarter of 2024 recorded a net turnover of 33.8 billion SEK, equivalent to more than 2.9 billion Euro, up... more
LiqueursWhy not blue: presented in Italy the other aperitif Diageo
In Santa Margherita Ligure the launch of the new base for summer mixology
The aperitif revolution is tinged with blue with Venturo Aperitivo Mediterraneo, the new base liqueur for the aperitif created by the innovation team of Diageo and "inspired by the beauty and elegance... more
MeatsItalian cured meats: exports recovering (+12.8%) in the first quarter of 2024
The fate of domestic consumption is different, because PDOs are penalized by competitive foreign prices
The export of Italian pork, after the collapse recorded in March 2024 (-10.4% on March 2023), recovered in April (+13.4%), completely reversing the fortunes of the first quarter, whose overall numbers... more
ForeignSaudi Arabia: UNESCO recognition for three traditional breads
Kleija, Al-Khubz Al-Ahmar and Al-Mallah Bread join the Breads of the Creative Cities
Breads of the Creative Cities has also included three Saudi breads in its 2024 edition, an initiative that highlights the gastronomic traditions of UNESCO's Creative Cities Network. The Saudi Commission... more
Studies and researchSanpellegrino cocktails: here are the 10 moments that Italians love to share
In first place are work life (78%) and new romantic adventures (73%)
Live and on social media, Italians love sharing the best moments of their day. But what does sharing represent? Why do we tend to share certain moments rather than others? From your working career to your... more
CoffeeDe'Longhi, partnership with Well Grounded for welfare in Uk
Agreement with social enterprise for employment in coffee sector in "talent" crisis
Italy's De' Longhi, one of the top players in espresso machines, announces a partnership with Well Grounded, a social enterprise that cares for the unemployed in the United Kingdom by enhancing their professional... more
FairsRiminifiera: two new temporary pavilions
They will debut for Ecomondo, awaiting a new structure in 2027
The construction works for the construction of the temporary structures of the Rimini exhibition center of the Italian Exhibition Group (Ieg) have started in recent days. “At the end of the works", announces t... more
AgrifoodUkraine: emergency brake on groats imports
Until June 2025, trade with the EU will take place according to the DCFTA tariff quota
From July 22 to June 5, 2025, imports of Ukrainian groats into the European Union will take place within the framework of the tariff quota of the Deep and Comprehensive Free Trade Area (DCFTA) in force... more
Catering and hospitalityStarbucks opens second store in Naples
Ribbon cutting at central station; the opening will provide 18 new jobs
The second Starbucks store in the city, the third in Campania and the 43rd in Italy, opens today at Napoli Centrale station, in partnership with Percassi, exclusive licensee of the brand in Italy, and... more
HealthNestle: milk with less saturated fat is a reality
Group researchers develop a method that reduces them by 60%
Developing new science-based solutions to improve the nutritional value, accessibility and sustainability of its products is a key pillar for Nestlé. This includes reducing added sugars, sodium and saturated... more
SustainabilityThe great players of food against the "loss of nature"
In a letter 130 companies including Nestlé and Danone launch the appeal
More than 130 companies and financial institutions have launched the "call for action" under the aegis of the Business for Nature organization to adopt and apply policies aimed at "stopping and reversing... 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
NewsVon der Leyen re-elected: "Fair income for farmers and new food strategy"
President of the EU Commission hopes for "quality" food and less bureaucracy for agriculture
Without too many surprises, Ursula von der Leyen was re-elected president of the European Commission. Exactly five years after the start of his first mandate, it received the favorable vote of 401 out... more
DessertsCantuccini Toscani PGI: production at 3543 tonnes in 2023
Over half of the biscuits are destined for export. And in the meantime the Protection Consortium launches a survey
Driven by exports, sales of Cantuccini Toscani PGI totaled a production of 3543 tonnes in 2023. A few months after recognition as a geographical indication, the renowned almond biscuits saw foreign markets... more
DistributionMetro Italia: David Albert new director of Offer Management
He succeeds Romain Pobé, and will take office on August 1st
Metro Italia has announced the appointment of David Albert as new Director of Offer Management. Albert will succeed Romain Pobé with effect from 1 August 2024. Current director of Offer Management Makro... more
HealthNestlè expands the range to support mothers
Supplements, multivitamins and other products to strengthen the Materna line
Maternal health, the health of women before, during and after pregnancy, is a critical stage of many women's lives. During pregnancy, a third of women worldwide experience anaemia due to iron deficiency,... more
Economy and financeForeign trade: new records in agri-food trade in 2023
Further increase in exports and decrease in imports in the first quarter of 2024
Sales of prepared meats and cheeses, first and foremost Grana Padano, are growing in value and quantity more
PeopleDanone appoints Carla Hilhorst as head of Research and Innovation
With the new manager, the French multinational aims to make science the heart of its business
Danone, a French food multinational, has appointed Carla Hilhorst as Senior Vice President for Research and Innovation. With the new appointment, the company intends to make science the heart of its business:... more