Wheat processor Crespel & Deiters commissioned the construction of a €18.5 million ($20.7 million) silo building at its main site in Ibbenbüren, Germany at the beginning of the year – the largest single investment in infrastructure in the company’s history.
The project, which is being funded by the California Energy Commission, kicks off in September 2024 and is expected to span a two and a half year period.
Headquartered in Fort Wayne, Ind., Ellison provides a range of bakery products and solutions including mix-ins, frozen novelty components and snack inclusions to a diverse mix of blue-chip customers and established and emerging brands.
Holland brings more than 25 years of experience serving in various supply chain and distribution roles at leading CPG companies including Dean Foods, Cadbury Schweppes and Ventura Foods.
The expansion will add several new lines, allowing FreshRealm to provide a full assortment of products, including ready-to-heat and ready-to-cook meals, meal kits and more to customers in the region.
Carving a niche for its distinct flavor combinations, the new packaging – which is fully recyclable – positions the brand's pairings as "Fusion Hummus" and features the brand's vibrant colors.
PHT Growth Fund LP is a new investment vehicle established to make strategic acquisitions and investments in temperature-controlled food supply chains, with a mission to support the movement of fresh produce from field to table.
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