The parties agreed necessary approvals and closing conditions to effectuate the business combination are no longer expected to be completed in the timetable set in an MOU.
The to-be-built facility in the U.S. will house an enclosed system designed to support all aspects of insect protein production including the breeding, incubating and hatching of insect larvae.
The new application development center opens at the flagship energy-efficient "Smart Store" supermarket near Danfoss' headquarters in Nordborg, Denmark.
Coperion, a Hillenbrand operating company, manufactured and donated the extruder and will partner with Purdue to give customers access to a food-grade pilot lab and the university's food scientists.