Tag: Italy

US manufacturing group Trimas to acquire Italian Caps and Closers maker Affaba & Ferrari

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ITALY – US manufacturing group Trimas has acquired Affaba & Ferrari designs, an Italian designer and manufacturer of precision caps and closures for the food and beverage industry. The deal – which was made for an undisclosed sum –marks TriMas’ fourth acquisition in the packaging sector since 2019, as it aims to grow the platform. Founded in 1949, Affaba & Ferrari designs, develops and manufactures proprietary, precision caps and closures with intellectual property protection for customers throughout Europe. Its product offering includes aseptic caps for juices, dairy products and sport…

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Granalo divests its Pandea baked goods unit to focus on dairy market

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ITALY – Italian dairy company Granarolo has sold its Pandea baked goods unit to local bread maker Morato Pane, in an effort to refocus on the Italian dairy market. Pandea, which has operated in Parma since 1946, was acquired by Granarolo through a bankruptcy auction in 2016. It specialises in the production and sale of baked goods and gluten-free products. The unit recorded turnover of €12m in 2019, of which over €10m came from exports, specifically in France and the UK. “This operation is part of the new business plan,…

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Italian coffee equipment maker launches a new S60 professional coffee machines

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ITALY – La Cimbali, an Italian manufacturer of professional espresso and cappuccino equipment, has launched the new S60, a fully-automatic model which can reportedly produce 600 cups of a coffee a day, expanding its S series of professional coffee machines. According to La Cimbali, the S60 model is designed for high footfall areas where speed of service and quality are critical, such as city centre restaurants and travel hubs such as airports and train stations. The Cimbali S60 superautomatic features new barista tools to enhance the user experience for staff.…

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Zerica launches contactless buttons for its Kolumna water dispenser

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ITALY – Zerica, a water dispenser manufacturer, has introduced contactless ‘hover’ buttons for its newly launched Kolumna water dispenser, which allow users to select a drink without making physical contact with the buttons. The Kolumna unit is able to dispense filtered chilled, ambient or sparkling water. To use the buttons and select a drink, consumers need to hover a finger over the button which corresponds to their drink of choice. Zerica also announced that the touch-free buttons will be available on several of its water dispenser models, adding to the…

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Chocolate processing machine maker Sacmi acquires packaging machine manufacturer Pack Sud

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ITALY – Sacmi, international manufacturer of machines has acquired a 60% stake in Pack Sud, a manufacturer of food packaging and wrapping machines, with a view to expanding its ownership to 100% in coming years. According to Sacmi, the aim of the acquisition is to expand its Packaging & Chocolate division’s machine product range and to strengthen its skills, as well as its marketing know-how. Under the deal, the Pack Sud management team will remain in charge. The financial terms have not been disclosed. “The Pack Sud takeover represents a further step in…

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Campari acquires stake in alcoholic beverage e-commerce platform Tannico

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ITALY – Campari Group has signed an agreement with Tannico S.p.A., an Italian e-commerce platform for wines and premium spirits to acquire a 49% stake in the retailer in a transaction valued at €23.4 million, enhancing the spirits company’s digital capabilities. Under the agreement, the Milan-headquartered beverage company will acquire 39% of the share capital of Tannico and that of subscribes to a reserved capital increase to reach a total of 49% shareholding in the firm. Tannico was founded in 2013 and has emerged as one of the market leader…

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Yum China forms joint venture with Italy’s Lavazza to launch coffee shop concept

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CHINA – The KFC, Pizza Hut and Taco Bell operator in mainland China, Yum China Holdings and Italian coffee company, Lavazza Group have entered into a joint venture, to explore and develop the Lavazza coffee shop concept in China. As the first step, the companies will set up a new Lavazza Flagship Store in the Jing’an district of Shanghai, China as Lavazza’s first coffee shop outside of Italy. The partnership will leverage Lavazza’s premium and authentic Italian coffee experience and Yum China’s in-depth knowledge of the market and the needs…

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Prinova partners with Italian firm in essential oils distribution deal

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ITALY – Leading essential oil supplier, Prinova is teaming up with Agrumaria Reggina, one of the largest citrus-based essential oil and juice manufacturers in Italy.  Prinova partnership with Agrumaria Reggina will make Prinova the exclusive distributor of Agrumaria’s essential oils in US, Canada, Mexico, Australia, Asia and Asia Pacific. The partnership will give Agrumaria expanded sales and marketing reach for their essential oil line to fulfill growing demand for “true-to-fruit” experiences in the flavor and fragrance, food and beverage industries.  The companies said that the offering will consist primarily of…

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Diageo pledges 8m bottles of sanitizer for frontline healthcare workers

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UK – Diageo has pledged to enable the creation of more than 8 million bottles of hand sanitizer to help protect frontline healthcare workers in the fight against the Coronavirus (COVID-19). To achieve this, the world’s leading distiller revealed that it will be donating up to two million litres of alcohol to manufacturing partners in the UK, Ireland, Italy, USA, Brazil, Kenya, India and Australia. Diageo said that it will provide Grain Neutral Spirit (GNS) – a 96% strength ethyl alcohol used primarily in production of vodka and gin –…

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PepsiCo to hire 6, 000 new employees and provide US$11m to COVID-19 affected communities

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USA – Amidst the novel coronavirus (COVID-19) pandemic, PepsiCo has reinforced its strategies to ensure business continuity while contributing to mitigation efforts aimed at curbing the spread an impact of the disease in the US. The food and beverage giant has announced that it will hire 6,000 new employes, provide enhanced benefits to its US employees and further avail US$11 million in funding to provide critical support to infected communities. In the US, PepsiCo said that it will provide enhanced benefits to all US-based employees and additional compensation to US…

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