Pasta giant Barilla has taken a majority stake in UK meal kit start-up Pasta Evangelists. The investment also marks the Italian firm’s foray into fresh pasta.
Italian pasta brand Barilla is seeking food tech innovation for an accelerator programme in three focus areas: circular food economy, personalised meal solutions, and healthy snacking.
Barilla’s chocolate hazelnut spread is palm oil-free, contains less saturated fat than Nutella, and according to Euromonitor analyst Emil Fazira, threatens Fererro’s stronghold in Italy’s bread spread market.
Pasta maker Barilla has opened a new €40m pasta sauce facility near its headquarters in Parma, Italy, with most of the products destined for overseas markets, the company has said.
The image of grains needs a fundamental makeover in order to
encourage consumption globally, according to the R&D director
of pasta firm Barilla, who said the enduring perception of grains
as 'empty' energy is the major...
Italian pasta giant Barilla has said the response to its recent
takeover bid for German baker Kamps had been better than expected
and it would pursue more acquisitions, above all in the United
States, according to a report by Reuters.
Major institutional shareholders in Europe's leading baker Kamps
agreed on Wednesday to accept a €1.76 billion euro takeover bid
from Italian pasta giant Barilla, Reuters reports.