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Italian competition watchdog hits snacks ‘cartel’ with €23.3m fine
The Italian competition authority has issued a €23.3 million fine to three leading private label savoury snack manufacturers in the country, finding that they breached competition laws.
Crane NXT has completed its acquisition of Antares Vision, marking a strategic expansion of its capabilities in the fast-growing food and beverage traceability sector.
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth
European sustainability-focused investor Ambienta has acquired a majority stake in Italian plant-based dairy specialist The Bridge for an undisclosed sum.
Princes Group completes €124.3m Plasmon acquisition
NewPrinces, the parent group of food and beverage group Princes, has acquired 100% of the corporate capital of Italian baby food specialist Plasmon from The Kraft Heinz Company for €124.3 million.