Private Equity investor Nordian Capital has acquired a majority interest in Dutch TecSource (DTS), a leading manufacturer of screw blanching equipment for the potato processing industry
Japanese snack food manufacturer Calbee has transferred all its shares in the Calbee-URC, Inc. joint venture targeting the Philippine snack market to Universal Robina Corporation (URC).
About a quarter of the workers at the Cape Cod Potato Chips facility in Hyannis, Massachusetts were laid off as two of the three production lines are shut down.
Processing Equipment manufacturers Key Technology, Inc. and Heat and Control Pty Ltd. announced that they have entered into a strategic partnership to support customers in Australia, New Zealand and India.
