Carrefour and Nestlé launch initiative to improve child nutrition

FRANCE – Swiss food and beverage giant, Nestlé has teamed up with French retailer, Carrefour in the launch of “Adopt a Fruit, Adopt a Vegetable” initiative that aims at improving child nutrition. The companies said […]

Enoplastic merges with Sparflex to create a global leader in wine and spirits closure solutions

EUROPE – Italian closures manufacturer, Enoplastic has entered into a strategic agreement with its French peer, Sparflex to merge both companies, creating a global leader in wine and spirits closure solutions. The transaction has been […]

Agrana invests US$3.75m at R&D sites in in France and Austria

AUSTRIA – Agrana, a Vienna-headquartered food company is investing around €3.4 million (US$3.75m) at two research and development sites in France and Austria this year. The investment includes €2.6 million (US$2.87m) in France to open […]

Coca-Cola to invest US$1.11bn in France over the next five years

FRANCE – The Coca-Cola Company and Coca-Cola European Partners (CCEP), the primary bottling partner in the France, have unveiled plans of investing upto €1 billion (USS$1.11bn) in the country’s economic ecosystem over the next five […]

Danone and Microsoft partner to accelerate adoption of AI in the food industry

FRANCE – Danone and Microsoft have partnered in an artificial intelligence (AI) program dubbed ‘AI Factory For AgriFood’ that seeks to support sustainable food and regenerative agriculture in France. The AI Factory For AgriFood is […]

Private investment house Ardian acquires bakery solutions provider Cérélia

FRANCE – New York based private investment house, Ardian has acquired French pizza dough and pie crust maker, Cérélia SA from private-equity peer, IK Investment Partners in a deal valued at about US$900 million. Cérélia […]

Carrefour expands into lunch delivery business with acquisition of food delivery startup Dejbox

FRANCE – French multinational retail chain, Carrefour has acquired Dejbox, a pioneer in lunch delivery for business employees located in suburban and outlying areas seeking to expand the retailers e-commerce operations. With the acquisition, Carrefour […]

French wine maker Delas Frères opens new US$20m winery

FRANCE – Rhône producer Delas Frères has opened a new €18 million (US$20 million) winery and cellar in Tain l’Hermitage, Southern France. The new 6,000 square metre facility has added 36 individually thermoregulated conical tanks, […]

French e-grocery shopping platform Jow raises US$7m additional funding

FRANCE – French e-grocery startup Jow has raised US$7 million in new funding led by Stride.VC alongside DST Partners, as well as Caterina Fake and Jyri Engeström from Yes VC and Shan-Lyn Ma, the co-founder […]

Moët Hennessy acquires majority stake in Château d’Esclans Côtes-de-Provence

FRANCE – Moët Hennessy, the wine and spirits division of French conglomerate LVMH, has acquired a 55% majority stake in Château d’Esclans, the leading Provence Rosé in the American market. Moët will acquire 50% ownership […]