Day: April 27, 2022

Marel is pleased to announce an agreement to acquire Wenger Manufacturing LLC (“Wenger”), a global leader in processing solutions focused on pet food, plant-based proteins, and aqua feed (“the Acquisition”). The acquisition of Wenger is a platform investment into new, complementary and attractive growth markets for Marel and will form the fourth business segment alongside poultry, meat and fish. The acquisition is subject to customary closing conditions such as anti-trust and approval of Wenger’s shareholders.Platform acquisition adding a fourth business segment to Marel, in addition to poultry, meat and fish, and pro-forma, expected to contribute around 10% of Marel’s total revenues and 12% of EBITDA. Highly complementary product portfolios and geographic presence with Wenger’s industry-leading extrusion and dryer technology focused...

IRVINE, Calif., April 27, 2022 (GLOBE NEWSWIRE) — Preservation Equity Fund Advisors, LLC (PEF Advisors), an organization committed to acquiring and preserving existing affordable housing in high-cost markets through real estate private equity investments, today announced it has acquired Chowchilla Gardens in Chowchilla, Calif. in Madera County. The 99% occupied, 54-unit development includes 21 units at 50% area median income and 32 units at 60% area median income for families. Property amenities include a swimming pool, half-court basketball, clubhouse, laundry room, playground, barbecue area and covered parking. Interior amenities include fully equipped kitchens and air conditioning. PEF Advisors plans to make capital improvements to the 26-year-old property in order to address deferred maintenance and enhance curb appeal, including...

The global Nutritional analysis market is expected to reach USD 9273.2 million by 2030 growing at a growth rate of 8.6% in the forecast period 2022 to 2030. Pune, April 27, 2022 (GLOBE NEWSWIRE) — Nutrition analysis is the study of nutritional content in foods to evaluate the human body’s benefits, drawbacks, and daily nutritional requirements. Malnutrition is caused by a lack of calories, protein, carbohydrates, vitamins, or minerals due to low-nutrient foods in the diet. Food nutritional analysis aids in the selection of nutritious foods and the calculation of nutrient content. It will improve the food’s quality in terms of vitamins, fat, mineral, moisture, protein, sugar, total dietary fiber, cholesterol, and calories, among other things. The rising popularity of high-nutritional foods, increased use in the food...

Barra operates a growing network with over 60 agents and agency partners Acquisition expected to be highly synergistic and accretive LAKEWOOD, NJ, April 27, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced it has acquired Barra & Associates, a recognized provider of both personal and commercial insurance products, including property and casualty insurance, life insurance, health insurance and other insurance products.  The Company acquired Barra & Associates for approximately, $7.5 million, comprised of cash and debt. Following the transaction, Grant Barra, founder and CEO of Barra...

CS 8200 3D Neo Edition Seeing the difference makes a differencePHOENIX, April 27, 2022 (GLOBE NEWSWIRE) — Carestream Dental is introducing more dentists to CBCT imaging—and giving current CS 8200 3D users more options—by launching the Neo Edition of the CS 8200 3D Family. The Neo Edition is an evolution of the CS 8200 3D, and optional Scan Ceph module, that improves ease of use, contributes to a better clinical experience, and leads to more successful outcomes for patients. “The benefits CBCT can bring to diagnosis and treatment are well recognized, but barriers like perceived cost, concerns around the potential learning curve and even lack of education from manufacturers keep doctors from taking that next step,” Stéphane Varlet, Product Line Manager, Carestream Dental, said. “The Neo Edition of the CS 8200 3D Family makes...

The global liquid packaging market size is anticipated to register a compound annual growth rate of 5.7% between 2022 and 2030 and reach an approximate value of USD 547.3 billion in 2030. Pune, April 27, 2022 (GLOBE NEWSWIRE) — Liquid packaging is used to protect consumables like beverages, semisolid meals, and liquids from damage and microbiological contamination during storage and transportation. Liquid packaging aids in the preservation of freshness while also protecting the product from moisture. The packaging improves the product’s tear, scuff, and puncture resistance. To prevent breaking, degradation, and leakage in transportation, food and liquid items such as water, dairy products, shampoos, fruit juices, syrups, grease, cooking oil, and motor oil are packaged in robust materials with high seal integrity. It is environmentally...