News & Newsletters: Page 796

Del Monte Foods acquisition deal completed by investor groups

US petfood supplier Del Monte Foods completed its acquisition by "sponsor" investor groups Kohlberg Kravis Roberts & Co. L.P., Vestar Capital Partners and Centerview Capital L.P. Under the terms of the merger agreement, the company’s stockholders will receive US$19.00 per share in cash.

Alltech's 27th International Symposium approved for continuing education credits

Both the American Registry of Professional Animal Scientists and the American Association of Veterinary State Boards have approved Alltech’s 27th International Animal Health and Nutrition Symposium for Continuing Education Credits. ARPAS has determined a maximum of 12 hours will be earned for attending Alltech’s symposium, entitled "The Game Changers: Creative Concepts for Agribusiness to Respond to Relentless Commoditization and to Innovate for a Greener Future."

TGI offers free data migration for small businesses switching to company's ERP software

Technology Group International announced that the company is offering free data migration services for small businesses that switch from their existing small business software to TGI’s Enterprise 21 ERP software in 2011. The announcement comes two months after TGI reported an increase of more than 50% growth in small business ERP software sales in 2010.

Hill's Pet Nutrition donates petfood to help Japanese disaster victims

Hill’s Pet Nutrition and parent company, Colgate-Palmolive, are coordinating to aid victims affected by the earthquake and tsunami in Japan, through petfood and monetary donations. Hill's donated several tons of petfood to provide nutrition for pets affected, through animal welfare organizations on the ground in Japan.

Petfood Forum, AMI form promotional partnership for 2011 events

American Meat Institute formed a promotional partnership between Petfood Forum 2011 and the 2011 AMI Expo. Petfood Forum will take place April 11-13, at the Renaissance Hotel in Schaumburg, Illinois, USA.

TraceGains to repeat Foreign Supplier Verification Program webinar in April

TraceGains will repeat its Foreign Supplier Verification Program webinar on Wednesday, April 6, with added coverage on section 301 of the Food Safety Modernization Act, and its requirements and impact on business. Joining TraceGains on this webinar will be Jessica Wasserman, president at Wasserman & Associates, a Washington, D.C.-based consultancy focused on the global food, beverage and agriculture sectors.

AFIA files comments on FDA-proposed GRAS petfood rule

The American Feed Industry Association submitted comments to the US Food and Drug Administration regarding FDA’s final rule amending the procedures for substances generally recognized as safe (GRAS). FDA’s Center for Veterinary Medicine recently started to review GRAS submissions for new animal feed ingredients, while the human food industry has had hundreds reviewed and allowed on the market, according to AFIA.

Department of Agriculture proposes petfood manufacturer tax in Oregon, USA

An Oregon, USA, House committee made no decisions about passing a proposed registration fee of US$150 on manufacturers of various petfood products sold in that state, according to StatesmanJournal.com. The House Agriculture and Natural Resources Committee referred House Bill 2120, proposed by the Department of Agriculture, without recommendation to the joint budget committee after hearing testimony on both sides issue.

Universal Pasteurization Co. to host high pressure processing workshop

Universal Pasteurization Co. recently opened in Lincoln, Nebraska, USA, and will hold a day-long workshop here on May 10 to introduce its high pressure processing capabilities. The company says Nebraska Governor Dave Heineman will make an appearance at the workshop to mark the expansion of this home-grown small business, established by the founders of Universal Cold Storage.

Buhler Technology announces profitable growth for fiscal 2010

Buhler Technology Group reported profitable growth for its business in fiscal 2010. The company reported a 21% increase in order intake to CHF 2,160 million (US$2.38 billion), 11% increase in sales revenue to CHF 1,907 million (US$2.1 billion), and increased operating profits (EBIT) at a higher-than-proportional rate to 10.6% of total sales.

Almo Nature donates petfood to UK animal charities

Almo Nature donated petfood to five UK animal charities as part of the company's “Love Food” campaign. The company’s second food donation meant that a total of nine charities shared 18,668 free meals, helping them to care for abused or abandoned pets.

Advent to acquire Provimi Pet Food for €188 million

Advent International has announced that it has agreed to acquire Provimi Pet Food for an enterprise value of €188 million (US$265.1 million). The investment by Advent International will support PPF’s growth plans, focused on increasing its market share through organic growth, developing a new range of products and services and entry into new markets.

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