Mondelēz: Makes Minority Investment in Hu Master Holdings
Deerfield / IL. (mdlz) Mondelez International announced it has made a minority investment in Hu (as in «Human») Master Holdings, the parent company of both Hu Products and Hu Kitchen, a fast-growing US-based snacking company offering minimally processed, high-quality snacks. This is the second...
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Lahti xylitol plant: Fazer selects building contractor
Helsinki / FI. (fg) Finland’s Fazer Group and construction company NCC have signed a contract regarding the construction of a new production facility producing xylitol from oat hulls. The new facility will be constructed next to Fazer Mills in Kasakkamäki, in Lahti, Finland. The value of the contract...
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Mid Europa Partners: private equity firm acquires Mlinar
Frankfurt / DE. (mep) Mid Europa Partners, the leading private equity investor in Central and Eastern Europe (CEE), announced that it has entered into an agreement to acquire a majority stake in Mlinar D.D. from its founder, Mato Škojo, who will retain a stake in the business. The transaction is...
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New Approach: Starbucks Invests In Renewable Energy
Seattle / WA. (sc) Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank announced they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, one of the U.S. nation’s leading solar...
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Albertsons Companies: to Join IBM Food Trust Network
Boise / ID. (abc) Albertsons Companies, one of the largest food and drug retailers in the United States, is joining the blockchain-based IBM Food Trust network and will begin piloting the technology to improve how food is traced from farm to store shelf. The addition of Albertsons Companies to the...
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Orkla ASA: agrees to purchase Zeelandia Sweden AB
Oslo / NO. (ok) Through its wholly-owned subsidiary Orkla Food Ingredients AS, Norway’s Orkla ASA has entered into an agreement to purchase Zeelandia Sweden AB, a supplier of margarine, vegetable oils and bakery ingredients to the Swedish market. Zeelandia Sweden AB has most of its sales...
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Walmart Inc.: Adds 3’900 Roboters To Workforce
Bentonville / AR. (wama) Every hero needs a buddy, and some of the best have been automated. Think R2D2, Optimus Prime and Robot from Lost in Space. Just like Will Robinson and Luke Skywalker, having the right kind of support helps associates succeed at their jobs.
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Walmart: Plans Estimated 83 Million USD in Pennsylvania Store Improvements and Innovations in 2019
Bentonville / AR. (wama) Building on its commitment to save customers time and money in new ways, Walmart expects to spend an estimated USD 83 million this year in Pennsylvania through the remodeling of 15 stores, and the launch and continued expansion of several customer-focused...
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Kettle Cuisine Acquires Harry’s Fresh Foods
Lynn / MA. (kc) Kettle Cuisine, a leading artisan producer of refrigerated and frozen all-natural soups, announced that it has acquired Harry’s Fresh Foods, a privately held custom food manufacturing company based in Portland, Oregon. The transaction strengthens Kettle Cuisine’s leadership in...
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Epson: Printers now compliant with EU Regulation
Long Beach / CA. (eps) Epson Inc. announced that ink used in its «SurePress» digital inkjet label presses and «ColorWorks» on-demand colour label printers are compliant with EU Regulation framework (EC) No. 1935/2004, Good Manufacturing Practices Regulation (GMP) (EC) No. 2023/2006, Plastics...
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