News

14/10/2015

Inbev conquers Sab Miller on the fifth bid

On the fifth bid, Jan du Plessis at the head of Sab Miller and Carlos Brito, Anheuser Busch InBev CEO, shook hands. Thus the world’s largest beer group came to life, able to control one third of the “pale, stout and lager” products consumed in the world. This take-over has a nostalgic feel for us Italians: Peroni is moving on from Sab Miller to the new parent company giant AB InBev manufacturer of Bud and Corona. The French manager of the British beer group, take-over prey, was successful in negotiating continuous upward adjustments to reach the 44 pounds per share in cash, value just over the 39 pounds reserved to those who choose the mix option, made up of cash and share swap.

source: Il Sole 24 Ore date 14.10.2015

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Categorie: Grocery News

12/10/2015

La Molisana Ferro Pact «You can only win with the supply chain»

Supply chain integration in a sector characterised by increasingly higher production concentration and territorial marketing actions to promote the local farming-food district and compete on the global scale together: La Molisana, the pasta manufacturer that emerged from its ashes to regain its national and international brand profile after the take over by the Ferro group in 2011, is following this strategy. Four generations of millers, the Ferro family purchased the hundred-year old pasta factory after La Molisana, surviving three bankruptcies in four years, “had disappeared from the shelves”, explained Managing Director Giuseppe Ferro.

source: CorrierEconomia date 12.10.2015

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Categorie: Grocery News

06/10/2015

Newlat takes a piece of Plasmon

While the rising stars of Made in Italy food end up in the multinationals operating area, a “piece” of Plasmon, synonym for baby food since 1902 and member of the Heinz group since the sixties, returns to Italy. The American company, merged with Kraft last March, sold the factory in Ozzano Taro to Newlat owned by the Salernitano businessman Angelo Mastrolia who, thanks to this purchase, surpassed the 400 million threshold with the group turnover with even greater determination to the Stock Exchange quotation, a project for which it has been working for the last two years.

source: Il Sole 24 Ore date 06.10.2015

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Categorie: Grocery News

02/10/2015

Ferrero nearing 10 billion in sales

Ferrero group stroke of genius after Giovanni Ferrero’s announcement last May to focus on growth through take-overs. And at the Milan Expo settings yesterday, Ferrero SPA president Francesco Paolo Fulci announced that thanks to the take-over bid launched last summer for the British Thorntons, “annual group sales will rise over 10 billion this year over the 8.4 billion Euro posted last year”. The news emerged in the sidelines of the Milan Expo presentation of the group’s VI social responsibility report.

source: Il Sole 24 Ore date 02.10.2015

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Categorie: Grocery News