US Foods acquires SGA Food Group for $1.8bn | Food acquisition news

US Foods acquisition of SGA Food Group : Illinois-based US Foods has wrapped up its previously announced $1.8 billion acquisition of rival foodservice distributor SGA’s Food Group of Companies (SGA Food Group) as per the latest food acquisition news. As part of the all-cash deal, announced in July 2018, US Foods acquired five separate operating […]

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Cutera truSculpt iD body sculpting treatment gets expanded approval in Canada

Cutera said that Health Canada has expanded approval for its truSculpt iD body sculpting treatment to cover its use for the reduction of circumference of the abdomen and non-invasive lipolysis, which is the permanent removal of fat cells from the body. According to American Society for Aesthetic Plastic Surgery and Medical Insight (MII), noninvasive body sculpting […]

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Vanguard Packaging secures investment from Dunes Point Capital

Dunes Point Capital has made an undisclosed investment in Vanguard Packaging, Advanced Logistics & Fulfillment, and Great Plains Packaging (together called Vanguard). Vanguard, which is based in Kansas City, Missouri, is engaged in designing and manufacturing of high graphic corrugated displays, industrial packaging products, and retail-ready packaging. The company with nearly 200 employs also offers […]

Cascades acquires Orchids Paper Products assets for US$207m

Cascades acquisition of Orchids Paper Products assets : Cascades, a Canadian packaging and tissue producer, has acquired all of the assets of US-based Orchids Paper Products for a cash consideration of US$207 million, financed by the company’s credit facilities, as per the latest packaging industry news. Orchids Paper Products specializes in manufacturing a range of […]

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Dhofar Wind Farm in Oman produces its first power

The 50MW Dhofar Wind Farm in Oman, which is being developed by Abu Dhabi Future Energy Company (Masdar) as the first utility-scale wind farm in the Gulf Cooperation Council, has produced its first power. The milestone has been achieved following the commissioning of the first turbine. The remaining 12 turbines are scheduled to be brought […]

Hackensack University Medical Center breaks ground on $714m health care expansion project

Hackensack Meridian Health Hackensack University Medical Center has broken ground on its $714 million patient pavilion on Second Street in Hackensack, New Jersey, US. The 530,000-square-foot building will have 24 new operating rooms, a 50-bed intensive care unit, 150 medical-surgical beds, and 50-beds orthopedic facility. Robert C Garrett – president and CEO, Hackensack University Medical Center said: “With […]

Blue California set to launch natural sugar allulose ingredient

Blue California, a US ingredient manufacturer and supplier, is set to launch its natural sugar allulose ingredient at large-scale commercialization by the year-end, as per the food ingredient news. Created from natural substrates using a proprietary bioconversion technology, Blue California’s allulose ingredient is a monosaccharide sugar and non-GMO sweetener. Allulose with one-tenth the calories of […]

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