Cold Foods Industry News

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The global food and beverage warehousing market is projected to grow to $247.21 billion by 2021, at a CAGR of more than 13% over the forecast period, according to the latest market study released by Technavio, London.

Zespri North America, Newport Beach, Calif., opened its Middle East office in Dubai to better manage its growing sales and marketing programs in this region and other developing markets.

Synerlink S.A., a France-based supplier of packaging technology for the food industry, acquired Ermi, a manufacturer of ultra-clean and aseptic fill-seal bottle and cup fillers for milk, desserts, yogurt and juices.

Danfoss Silicon Power, Germany, announced plans to join forces with General Electric (GE), Fairfield, Conn., to develop next-generation silicon-carbide (SiC) power modules.

Land O'Lakes, Inc., Arden Hills, Minn., announced plans to acquire Vermont Creamery, in which Vermont Creamery will become an independently operated subsidiary of Land O'Lakes.

Generational Equity, a mergers and acquisitions advisor for privately held businesses based in Houston, Texas, announced the sale of its client, Interprovincial Meat Sales Ltd. to Premium Brands Holdings Corp.

Sealed Air Corp., Charlotte, N.C., entered into a definitive agreement to sell its Diversey Care division and the food hygiene and cleaning business.

Today's consumers are more concerned than ever before about the foods they eat, yet they struggle to find the nutrition information needed to make informed purchasing decisions.

Darden Restaurants, Inc., Orlando, Fla., announced plans to acquire Cheddar's Scratch Kitchen for $780 million.