Umios says the acquisition will allow it to build a consumer-driven value cycle in North America, connecting its marine resources with High Liner Foods' processing, brands and distribution network.
The capital will expand Pythag’s biological dataset and machine learning platform, which is designed to optimize cultivated meat production processes that can then be licensed to food companies.
This funding will enable the CFIN to expand its services, helping more food and beverage processors adopt and implement automation, artificial intelligence, digital manufacturing and other advanced technologies.
This facility converts almond byproduct into a carbon-rich material that will be returned to the soil to promote soil health and durable carbon sequestration.
The company says its new name underscores its strategic focus on the condiments category, led by Duke’s Mayonnaise, and the accelerating growth of its portfolio.
The additional capacity is incremental to Leprino Nutrition’s sweet whey operation and will focus on the consolidation of externally sourced whey solids.
Midera says acquisition strengthens its ability to deliver complete processing lines for poultry clients and advances its total line solutions strategy.