Food

The VéGé Group, one of the largest Italian players in the modern distribution sector, is promoting an interesting initiative to fight food waste through a partnership with Last Minute Sotto Casa (Lmsc). 

Despite the uncertain economic climate in Italy, the retail sector will close 2019 with positive growth.

Under the terms of the agreement, Bouvard has acquired a stake in Lago Group owned by the Lago family, which will retain management positions alongside the new CEO Pierre Josselin.

Nestlé believes Indonesia has the potential to become one of the top three Asian markets, said Nestlé Indonesia president director Dharnesh Gordhon. To achieve this goal, the company will continue to invest in both manufacturing and human resource development.

In February, the Ferrero facility in Balvano (Potenza) used for the production of the hugely popular Nutella Biscuits will switch from three daily shifts from Monday to Friday to a 7-day-a-week continuous cycle, allowing for an approximately 40% increase in production.

Tyson Fresh Meats has signed an agreement with the Republic of Kazakhstan and the private holding company Kusto Group to collaborate on a project that could initially lead to the construction of a modern beef processing plant in Kazakhstan.

Huhtamaki, one of Europe’s leading suppliers of packaging for food and drinks, has opened a new packaging line in Ivanteevka, Russia as part of a €7 million investment announced in November 2018.

Two dates and two clear goals: packaging with zero waste by 2025 and zero impact by 2035.

Building on its 80 years of experience in the poultry sector, including 20 in the organic segment, Fileni is now taking on a fresh challenge with the launch of a new organic red meat line.

To meet the growing demand for Pringles across Europe, Kellogg Company is investing €110 million in a new manufacturing line to be installed in a 21,000 square metre building at its factory in Kutno, Poland.

According to the latest Nielsen surveys, from September 2018 to September 2019 Italians spent €1.4 billion on ready meals (8.7% more than the previous year).

The global meat traders and exporters KIT International (Brazil) and Garra International (New Zealand) have merged to create a joint venture worth more than US$ 220 million.

«Innovation in manufacturing processes and products is going hand-in-hand with sustainability and respect for the environment in which we live and work» as Alberto Vacchi, IMA's Chairman and CEO, underlined in his talk while inaugurating the ILAPAK Italia works at Foiano della Chiana (AR) on 24 October last.

The ETIMEX Primary Packaging GmbH of Dietenheim, which has also been present on the Italian market for years, has developed a valid alternative to ready meal trays in black, white or two-color CPETs, usually used for baking convenience foods but with a limit: by their nature, in fact, they do not show the content.

Emsur, the Lantero Group division specialising in flexible packaging solutions for the food industry, has opened a second plant in Alcalá de Henares (Madrid) which will significantly increase production capacity.

Campbell Soup has agreed to sell its European chips business, including UK-based Kettle Foods and Netherlands-based Yellow Chips BV, to Irish company Valeo Foods for approximately €73 million.

In its original and innovative new marketing campaign, the Italy-based Melinda consortium has chosen to print the faces of 1,000 growers on 3.2 million packs of apples, each with a personal message.

Negotiations for the sale of leading Italian frozen bakery business Dolciaria Acquaviva to Luxemburg-based private equity company Ergon Capital Partners were concluded on 31 July.

Swiss food giant Nestlé topped last year’s global dairy industry rankings with revenue of €20.6 billion, followed by Lactalis at €17.6 billion and Danone at €15.2 billion.

The Canadian frozen french fry giant McCain Foods has announced a US $100 million investment to build its first factory in Brazil, which will be located in Araxá, Minas Gerais state.