Marel to acquire Wenger, a global leader in processing solutions for pet food, plant-based proteins, and aqua feed

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

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...

Preservation Equity Fund Advisors Acquires Chowchilla Gardens 54-Unit Affordable Housing in Madera County

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

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...

<div>Nutritional Analysis Market 2022 - 2030 - Technology & Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities & Product Mapping & Regional Economic Analysis) by MDC Research</div>

Nutritional Analysis Market 2022 – 2030 – Technology & Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities & Product Mapping & Regional Economic Analysis) by MDC Research

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

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...

Reliance Global Announces Acquisition of Barra & Associates, a Recognized Provider of Property and Casualty, Life and Health Insurance

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

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...

Neo Edition of CS 8200 3D Family Takes It to the Next Level, Makes CBCT Even More Intuitive

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

CS 8200 3D Neo Edition Seeing the difference makes a difference PHOENIX, 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...

Blue Foundry Bancorp Reports First Quarter 2022 Results

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

RUTHERFORD, N.J., April 27, 2022 (GLOBE NEWSWIRE) — Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported net income of $553,000, or $0.02 per diluted common share, for the three months ended March 31, 2022 compared to a net loss of $745,000 for the three months ended March 31, 2021. “We continued to make excellent progress on our strategic initiatives during a solid first quarter,” said James D. Nesci, president and chief executive officer. “We were successful in deploying meaningful liquidity as we grew our lending and investment portfolios while asset quality remained strong.” Highlights for the first quarter of 2022: Gross loans grew by $64.1 million, or 5.1%, compared to the linked quarter, excluding Paycheck Protection Program (“PPP”) loans, led by...

Gouverneur Bancorp Announces Fiscal 2022 Second Quarter and Six Months Results

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

GOUVERNEUR, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the “Company”) holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the results for the second quarter of fiscal year 2022 ended March 31, 2022. A Note to our Shareholders: As announced through a press release issued on January 6, 2022, Cambray Mutual Holding Company (the “MHC”), the Company, the Bank and Citizens Bank of Cape Vincent (“CBCV”) announced the signing of a definitive merger agreement pursuant to which CBCV will merge with and into the Bank, with the Bank as the surviving institution with total assets estimation of $210 million. The Bank will add three additional offices for a total of five as we expand our footprint upon the merger completion. As a result, the first half of fiscal year...

<div>Liquid Packaging Market 2022 - 2030 - Technology & Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities & Product Mapping & Regional Economic Analysis) by MDC Research</div>

Liquid Packaging Market 2022 – 2030 – Technology & Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities & Product Mapping & Regional Economic Analysis) by MDC Research

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

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...

Codere Online to Release Financial Results for the First Quarter 2022 on May 13

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

Codere Online to Release Financial Results for the First Quarter 2022 on May 13 Madrid, Spain and Tel Aviv, Israel, April 27, 2022 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its first quarter 2022 results prior to 8:30AM US Eastern Time on May 13, 2022. At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update. The Company’s earnings press release and related materials will be available on Codere Online’s website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link are accessible on the Events & Presentations section of the...

FFW Corporation Announces Earnings, Share Repurchase

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

WABASH, Ind., April 27, 2022 (GLOBE NEWSWIRE) — FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (4/26/2022 Close: $46.50), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the quarter and year to date ended March 31, 2022. For the three months ended March 31, 2022, the Corporation reported net income of $1,369,000 or $1.20 per common share compared to $1,575,000 or $1.38 per common share for the three months ended March 31, 2021. Net interest income for the three months ended March 31, 2022 was $3,745,000 compared to $3,655,000 for the three months ended March 31, 2021. The provision for loan losses was $75,000 for the three months ended March 31, 2022 and $165,000 for the three months ended March 31, 2021. Total noninterest income was $1,120,000 for the three months ended March 31, 2022 compared...

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Day: April 27, 2022

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