Italy food merger

Mondelez's sweet spot / Another Vafo pet-food deal

Forward this email  |  View in browser JustFood In Brief February 05, 2024 SPOTLIGHT READ Mondelez in sweet spot as momentum continues Consumers don't appear to have been put off by the Cadbury maker's moves to raise prices. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Bagnoli family, Investindustrial to merge Sammontana with Forno d'Asolo The combined group will have around €1bn ($1.08bn) in revenues, with production facilities across Italy, the US and France.   Pet-food manufacturer Vafo snaps up peer Dagsmark It is Vafo's third deal in the last ten months.   French farming unions call for end to protests Farmers in France angry at rising costs and cheap imports, have carried out days of protests and set up blockades on key transport routes.   Mondelez to close biscuit factory in France Mondelez said 61 positions will be eliminated by mid-2026 at the plant.   Alter Eco Foods scooped up by new investors Trek One takes the business over from private-equity group NextWorld Evergreen, Brian Fontana, operating partner and CFO at Trek One Capital told Just Food.   EU approves marketing standard rules in "breakfast directives" The EU is set to introduce "breakfast directives" that lay down rules on the composition, sales names, labelling and presentation of the products.   Nestlé in talks to sell baby food brands in France The proposed deal involves handing over the NaturNes, P'tit, Babicao and Babivanille products.   Cocoa prices, Utz's margins, Comvita's sales – the week in data Each week, Just Food brings you a snapshot of the news through data. Read more news IN-DEPTH READ Robots are well established in consumer goods and packaging industries There are well established use cases for robotics within the consumer goods and packaging industries. Both sectors have used caged industrial robots, industrial cobots, and logistics robots to automate production lines and logistics operations for some time now. Robotics do not fit as easily into the foodservice business model. Robots improve profitability in the long term but have high up-front costs, so investing in robotics is not without risks. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Just Food Digital Magazine   Issue 54 | December 2023   In this issue: Cell-meat's growth pains / The consumer in 2024 / COP28 preview – and more Read the magazine Click below to view more from across the network: Verdict Foodservice   |   Just Drinks   |   Packaging Gateway   Was this email forwarded to you? Sign up here.   Please send any news or comments to: foodeditor@aroq.com   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences