The Kraft Heinz Co. has announced plans to sell its Canadian natural cheese business to Italian company Parmalat for approximately $1.23 billion. The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market.

Stefan Hoppe was named president and executive director of the OPC Foundation after being nominated by its former director, Thomas J. Burke, who resigned during the last Board of Directors meeting. Hoppe was elected by the board in the same meeting.

Kraft Heinz has launched a new venture capital fund to invest in emerging tech companies that are transforming the food industry. Kraft Heinz has committed up to $100 million to the fund, named Evolv Ventures, and has hired investor Bill Pescatello to lead the fund.

Convenience stores are always changing and must improve shoppers’ experiences to overcome increased competition, the president and CEO of the Sheetz store chain says.

Schenck Process Group has announced the acquisition of Process Components Ltd (PCL) and its subsidiaries.

Boulder Botanical & Bioscience Laboratory, a pioneering cannabinoid company, has appointed Vic Nastasia to executive vice president of sales.

Dorner has announced that it will begin building its 2200 Series low-profile belt conveyors in Germany, speeding up delivery to European customers.

Albertsons president and chief operating officer Jim Donald has been appointed president and chief executive officer of Albertsons Companies. Chairman and CEO Robert Miller remains as chairman of the Board.