Partnership expands cold chain warehousing and supply chain services throughout the imported F&B value chain.
February 8, 2020
Trilogy Warehouse Partners (TWP) has partnered with Refrig-IT, to facilitate continued growth and expansion of its cold chain business. Trilogy Warehouse Partners, based in St. Louis, Missouri, is a leading provider of warehousing and supply chain management services to the food and beverage, consumer, healthcare and industrial markets.
Century Park Capital Partners has completed the sale of The Mochi Ice Cream Company to Lakeview Capital, Inc. The Mochi Ice Cream Company is the leading domestic producer of mochi ice cream, the Japanese-inspired handheld ball of premium ice cream enrobed in soft and pillowy mochi dough.
Herbert supplies sorting and processing equipment for root crops, increasing Key's capabilities.
January 14, 2020
Key Technology, a leading global designer and manufacturer of digital sorting, inspection, conveying and other processing equipment, and a member of the Duravant family of operating companies, has acquired Herbert Solutions, enhancing its portfolio of potato and vegetable equipment solutions.
CEOs have grown more pessimistic about current economic conditions, with only 8% saying conditions are better compared to six months ago, down from 13% last quarter.
October 4, 2019
The confidence level of chief executive officers remained unchanged at 43 in the second quarter of 2019, but declined to a reading of 34 in the third quarter (a reading of more than 50 points reflects more positive than negative responses), according to a study released by The Conference Board, New York.
Food processors took part in 152 deals in 2018, a 19.4% decrease from 2017, while the retail sector increased almost 40% from the previous year.
April 3, 2019
The Food Institute, Upper Saddle River, N.J., tallied 527 food industry mergers and acquisitions in 2018, down almost 11% from 2017’s record year, according to its annual “Food Business Mergers & Acquisitions” report.
Changing demographics, rising disposable income and the pursuit of healthy living are reshaping consumer demand for specialty, better-for-you and sustainable food options.
March 8, 2019
Evolving consumer preferences and rapid technological change are transforming the food supply chain, according to the “Consumer Insider,” an industry report released by Brown Gibbons Lang & Co. (BGL), Cleveland, Ohio.
The May 2020 issue of Refrigerated & Frozen Foods magazine highlights sustainable solutions for companies along the cold chain, plus coronavirus and food safety coverage, lift truck technology, pizza innovations, new dairy and dairy-alternative products, plus much more—just click the stories below to start reading.