Diageo Agrees to Sale of Italian Facility to NewPrinces

Formerly known as Newlat Food, an Italian food and drink company now called NewPrinces bought 100% of the share capital for Diageo Operations Italy, according to a Diageo press release which specified the inclusion of the Santa Vittoria production facility.

The site produces a range of alcoholic beverages, ready-to-drink products, and low and no alcohol products, according to a Diageo spokesperson. 

The NewPrinces Group is already a leading player in the soft drinks market in the UK, with revenues of approximately €350 million in this category alone...

Valeo Foods Acquires Italian Baker Freddi Dolciaria

Europe’s sweet snacks producer with footholds in the EU, UK, and Ireland has again expanded across Europe into Italy with the acquisition of Italian sweet baked goods producer, Freddi Dolciaria. A price of sale was not disclosed in the press release.

Currently, Valeo Foods has many recognized brands across Europe like Rowse honey, Jacob’s biscuits, Batchelor’s canned beans and peas, as well as Kettle crisps. Valeo will add Freddi Dolciaria brands like the bakery’s Swiss Roll products that contain ingredients like whole milk, Italian eggs, cocoa cream, chocolate flakes...

Tariff Talks 2025: Expana's Weekly Rundown #5

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #5."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Each Thanksgiving Dinner Requires a National Effort

As friends and family sit down for a Thanksgiving dinner, very few are aware that the feast on their table is a culmination of efforts of farmers from every corner of the United States. American Farm Bureau Federation economists analyzed the production of the ingredients that go into a classic Thanksgiving dinner, detailing which states produce the most commodities and the production value of those items. The Market Intel provides context to AFBF’s annual Thanksgiving dinner cost survey, which found the average cost of this year’s classic...