Transaction to create a controls provider with capabilities to serve the industrial refrigeration market with technological solutions
February 17, 2022
Logix, a Seattle-area industrial controls manufacturer, has been serving the industrial refrigeration market with controls solutions for wineries, cold storage warehouses, distribution centers and processing plants focusing on safety, efficiency and sustainability.
The technology will be used to accelerate the commercialization of fruiting and vine crops across communities in the U.S. and eventually the globe
February 16, 2022
Bowery Farming, the largest vertical farming company in the U.S., has acquired Traptic, a company utilizing computer vision, robotic arms and artificial intelligence (AI), to harvest fruiting, vine and other delicate crops, including strawberries, tomatoes and more.
The acquisition strengthens KPM's positions in agriculture, feed and food applications and increases customer options in easy-to-use food and grain analysis.
Technology-enabled direct-to-consumer spice business accelerates Kraft Heinz’s international growth strategy focused on taste elevation
December 17, 2021
The Kraft Heinz Company reached an agreement to acquire an 85% stake in Germany-based Just Spices GmbH. Just Spices’ three founders, who will continue with the company and focus on driving the business and its international growth, will retain the remaining 15% ownership stake.
Cargill, Continental Grain Company and Sanderson Farms, Inc. have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. This represents a total equity value for Sanderson Farms of $4.53 billion.