Cold Foods Industry News

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TerraForm Power, Inc., New York, entered into a definitive agreement to acquire a high-quality, unlevered distributed generation platform with up to 320 megawatt of capacity in the United States from subsidiaries of AltaGas Ltd., Canada, for $720 million.

OPTIMA packaging group GmbH, Germany, opened the doors to a new logistics center, situated in the Solpark industrial park in Schwäbisch Hall, Germany.

Researchers at the University of Warwick, UK, found that bacteria can be detected in minutes by zapping it with electricity.

The global spending by retailers on artificial intelligence (AI) services will reach $12 billion by 2023, up from an estimated $3.6 billion in 2019, and over 325,000 retailers are projected to adopt AI technology over the period, according to a new study by Juniper Research, UK.

More than half of companies’ digital transformation investments, in the form of marketing and trade spend, are being wasted, according to a new survey by AlixPartners, New York.

hoopo, Los Angeles, announced a $3.5 million funding round from Chartered HighTech JIHTV1 fund, Singapore; TAU Ventures, Israel; and Global IoT Technology Ventures (GiTV), Japan, totaling $5 million from previous rounds from initial investors.

The American Society of Safety Professionals (ASSP) Foundation, Park Ridge, Ill., released a fatigue research report that shows the value of wearable technology in the workplace.

Associated Wholesale Grocers (AWG), Kansas City, Kan., established a partnership with RSA America (RSA), a Schaumburg, Ill.-based supermarket technology company.

Verus International, Inc., Gaithersburg, Md., acquired Big League Foods, Inc., a Rocklin, Calif.-based holder of a license with Major League Baseball Properties, Inc. (MLB), New York, to sell MLB-branded frozen dessert products and confections.