Under a long-term purchase agreement spanning 10 years, Brevel will supply CBC with its algae-derived raw ingredients, including extracted protein, functional oils and antioxidants.
The collaboration aims to enhance muscle-fiber growth, elongation and fusion into mature muscle tissue, while also boosting adipocyte formation to produce organic, whole-cut pieces. These developments are expected to result in a significant product mass increase, enabling the production of cultivated meat that closely mirrors conventional meat’s structure and flavor.
The merger between Kurita America and Avista Technologies is a strategic move aimed at combining their strengths to serve industrial and municipal markets better. By leveraging Kurita America’s extensive water treatment solutions and Avista’s specialized knowledge in membrane treatment, the merged entity will offer an expanded portfolio of solutions.
Akona unifies the technologies and global reach of AMP and AHS to deliver an extensive portfolio of processing and handling solutions for high-value materials in the food and beverage, pharmaceuticals, nutraceuticals and chemicals industries.
The company promotions follow January 2024’s naming of Dan Crist, longtime A M King vice president, as the firm’s president. Company founder Brian King, who took on the role of CEO at that time, has been committed to paving the way for this next generation of leadership.
The all-cash transaction is valued at approximately $40 million, subject to a working-capital adjustment, and includes relevant trademarks and licenses and the company’s manufacturing facility in Chicago.
The Fellow member-grade is one of the ISA’s highest honors, recognizing only Senior Members who have made exceptional contributions to the automation profession, in practice or academia.
CPM Crown’s Lifecycle360 offers a suite of support services for oilseed, renewable fuels and specialty processing companies around the world. Lifecycle360 is designed to help companies streamline and optimize the full life cycle of their facilities, from pre-engineering to long-term maintenance needs.
With the addition of more than 90 family farms and a modern egg processing facility in Iowa, this combination will support Pete & Gerry’s growth, particularly across the Midwest and West.
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