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...

Tariff Talks 2025: Expana's Weekly Rundown #14

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 #14."

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...

Tariff Talks 2025: Expana's Weekly Rundown #13

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 #13."

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...

JM Smucker Raises Coffee Prices Amongst Tariff Uncertainty; Canadian Supermarket Drops Folgers

On June 10, the JM Smucker Company held their earnings question-and-answer session after releasing earnings for the fourth quarter of their fiscal year ending April 30, 2025. Leaders from JM Smucker cited high coffee price struggles and tariff-related costs in the earnings call while officials running a Canadian supermarket dropped Folgers coffee from their shelves.

On the earnings call, the main topics covered were coffee prices and trade uncertainty due to the US tariff agenda. Days prior, leaders at the Canadian grocery store, Loblaw...

Tariff Talks 2025: Expana's Weekly Rundown #12

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 #12."

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...

Tariff Talks 2025: Expana's Weekly Rundown #11

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 #11."

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...

Tariff Talks 2025: Expana's Weekly Rundown #10

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 #10."

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...

Tariff Talks 2025: Expana's Weekly Rundown #9

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 #9."

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...

Tariff Talks 2025: Expana's Weekly Rundown #8

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 #8."

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...

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 #7

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 #7."

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...

Tariff Talks 2025: Expana's Weekly Rundown #6

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 #6."

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...

Valeo Foods Group Completes the Acquisition of I.D.C. Holding

Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed its previously announced acquisition of I.D.C. Holding, a major independent producer of quality wafers, biscuits, confectionary and chocolate in Central and Eastern Europe.

First established in Slovakia over a century ago, I.D.C. Holding is a transformative addition to Valeo Foods Group’s expanding portfolio. Producing a wide range of branded wafer, biscuit, sugar confectionary and seasonal chocolate products, I.D.C. Holding is a natural fit with Valeo Foods Group’s sweet snacking...