Nestlé, the multinational food and beverage company, has announced its intention to invest a substantial $472 million in the construction of a new pet food manufacturing facility in Italy. This significant investment underscores Nestlé's commitment to expanding its presence in the pet food market and meeting the growing demand for high-quality pet nutrition products.The new facility, expected to…

Italian coffee powerhouse Lavazza has made a significant stride in the coffee industry with its recent agreement to acquire an Italian vending machine operator. This strategic move underscores Lavazza's commitment to extending its presence in the vending sector, catering to the evolving needs of coffee lovers worldwide.The acquisition signals Lavazza's recognition of the growing demand for…