NSF International

Swander Pace Capital Announces First Continuation Fund with Captek Softgel International. Inc. in Partnership with Morgan Stanley and Rabo Investments

Retrieved on: 
Wednesday, August 17, 2022

The new continuation fund acquired Captek from Swander Pace Capital Fund V and Swander Pace Capital Fund VI.

Key Points: 
  • The new continuation fund acquired Captek from Swander Pace Capital Fund V and Swander Pace Capital Fund VI.
  • Morgan Stanley was the lead investor in the continuation fund and is joined by Rabo Investments, the investment arm of Rabobank, as well as Swander Pace reinvesting LPs and GPs.
  • The new Fund includes substantial capital investment to drive organic growth initiatives and strategic acquisitions for Captek going forward.
  • Swander Pace Capital acquired Captek in December of 2015 and later added onto this initial investment with the acquisition of J&D Labs in July of 2017.

HERBALIFE NUTRITION AND LA GALAXY EXTEND MAJOR LEAGUE SOCCER'S LONGEST-RUNNING JERSEY SPONSORSHIP

Retrieved on: 
Tuesday, August 16, 2022

LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Herbalife Nutrition and the LA Galaxy have agreed to a multi-year renewal of their partnership, which began in 2005 as the club's official nutrition partner. Herbalife Nutrition will continue as the official presenting and jersey sponsor of the club – a designation that began in 2007 and is the longest-running in Major League Soccer (MLS) history.

Key Points: 
  • Herbalife Nutrition will continue as the official presenting and jersey sponsor of the club a designation that began in 2007 and is the longest-running in Major League Soccer (MLS) history.
  • Beginning with the 2023 MLS season, Herbalife Nutrition will continue as the LA Galaxy's exclusive nutrition partner, the club's exclusive health and wellness partner, and the official nutrition lifestyle partner.
  • "We are excited to extend our 17-year partnership with the LA Galaxy and expand it to include new areas of collaboration that will benefit our independent distributors, LA Galaxy players, fans and communities worldwide"said Frank Lamberti, regional president of the Americas for Herbalife Nutrition.
  • Julian's sponsorship includes sports nutrition education appearances in the United States and sports nutrition education through the company's social platforms.

LA Galaxy and Herbalife Nutrition Continue Longest-Running Jersey Sponsorship in Major League Soccer With Historic New Partnership Extension

Retrieved on: 
Tuesday, August 16, 2022

The LA Galaxy, five-time Major League Soccer champions, and Herbalife Nutrition, a premier global nutrition company, are extending their partnership in a multi-year, multi-million-dollar renewal agreement.

Key Points: 
  • The LA Galaxy, five-time Major League Soccer champions, and Herbalife Nutrition, a premier global nutrition company, are extending their partnership in a multi-year, multi-million-dollar renewal agreement.
  • Herbalife Nutrition has sponsored the LA Galaxys jersey for fifteen straight years, making this the longest-running jersey sponsorship in MLS history.
  • View the full release here: https://www.businesswire.com/news/home/20220816005832/en/
    With the new agreement, Herbalife Nutrition will continue as the LA Galaxys exclusive nutrition partner.
  • The LA Galaxy and Herbalife Nutrition will also execute several surprise activations, including collaboration on one-of-a-kind club products to commemorate the milestone extension.

Food Grade Lubricants Global Market Report 2022: Rising Demand for Packaged and Processed Food Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, August 8, 2022

The "Food Grade Lubricants Market - Global Outlook and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Food Grade Lubricants Market - Global Outlook and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global food grade lubricants market is expected to grow at a CAGR of 5.48% during 2022-2027.
  • However, the food grade lubricants market is highly fragmented, and product differentiation is essential, with several brands competing for attention.
  • The increasing concern for reducing foodborne illness and promoting hygiene factors in food processing facilities positively impacts the food grade lubricants market growth.

LG Energy Solution Aims to Achieve RE100 in All Global Production Sites by 2025

Retrieved on: 
Wednesday, August 3, 2022

SEOUL, South Korea, Aug. 2, 2022 /PRNewswire/ --LG Energy Solution (LGES; 373220) announced its plan to achieve RE100 at all of its global production sites by 2025.

Key Points: 
  • SEOUL, South Korea, Aug. 2, 2022 /PRNewswire/ --LG Energy Solution (LGES; 373220) announced its plan to achieve RE100 at all of its global production sites by 2025.
  • The company first plans to achieve RE100 at every global production site by 2025, with its non-manufacturing business sites, such as R&D centers, to follow by 2030.
  • LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems.
  • At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture.

Open Book Extracts Achieves ISO 9001:2015 Certification

Retrieved on: 
Thursday, July 21, 2022

ROXBORO, N.C., July 21, 2022 /PRNewswire/ -- Open Book Extracts (OBX) is proud to announce the achievement of ISO 9001:2015 certification.

Key Points: 
  • ROXBORO, N.C., July 21, 2022 /PRNewswire/ -- Open Book Extracts (OBX) is proud to announce the achievement of ISO 9001:2015 certification.
  • Through the ISO 9001:2015 certification, we have validated that the OBX Quality Management System supports this commitment," said Dave Neundorfer, OBX CEO.
  • "Any company that has been through the certification process knows that achieving ISO 9001:2015 certification is demanding," said Chelsea Pipkin, OBX Vice President of Quality Assurance.
  • The ISO 9001:2015 certification builds on accreditations OBX has recently received, including NSF/455-2 certification from global public health organization NSF International , USDA Organic Certification, and Kosher Certification.

Avoid These Five Mistakes When Choosing Food-grade Conveyors, Says Ultimation Industries

Retrieved on: 
Tuesday, June 28, 2022

ROSEVILLE, Mich., June 28, 2022 /PRNewswire-PRWeb/ -- Choosing the right material handling equipment for food manufacturing, processing and packaging is critical for maintaining safety, according to Ultimation Industries, the leading direct-to-consumer conveyor manufacturer for the food processing, vertical farming, warehousing, delivery and other industries. The World Health Organization estimates 600,000 people become ill after eating contaminated food and puts primary responsibility on producers for keeping food from becoming contaminated during the production and distribution process.

Key Points: 
  • Here are five mistakes to avoid when choosing conveyors for food-handling applications:
    Mistake #1: Assuming all stainless steel is food-grade.
  • Frame and guarding materials, however, can often have different requirements if they are not in direct contact with food materials.
  • Ultimation Industries, LLC is the leading direct-to-consumer conveyor manufacturer serving the automotive, food processing, vertical farming, heavy equipment, warehousing, fulfillment and delivery industries.
  • In 2020, Ultimation was recognized as one of Inc. 5000 's fastest growing private companies in America.

Herbalife Nutrition Inks Sports Nutrition Partnership With Notre Dame Shooting Guard Blake Wesley

Retrieved on: 
Tuesday, June 14, 2022

LOS ANGELES, June 14, 2022 /PRNewswire/ -- Herbalife Nutrition, a premier global nutrition company, today signed its newest sponsored athlete, Blake Wesley, who has been training at the Herbalife Nutrition IMPACT Basketball Center, to a one-year contract. A star guard at Notre Dame this past season, Wesley is expected to be selected in the first round of this year's NBA* Draft.

Key Points: 
  • LOS ANGELES, June 14, 2022 /PRNewswire/ -- Herbalife Nutrition , a premier global nutrition company, today signed its newest sponsored athlete, Blake Wesley, who has been training at the Herbalife Nutrition IMPACT Basketball Center, to a one-year contract.
  • A star guard at Notre Dame this past season, Wesley is expected to be selected in the first round of this year's NBA*Draft.
  • "We are excited to welcome Blake to the Herbalife Nutrition family," said Ibi Montesino, senior vice president, and managing director at Herbalife Nutrition, North America.
  • To get NBA ready, Wesley has been training with Joe Abunassar, founder and president of the Herbalife Nutrition IMPACT Basketball Center in Las Vegas.

AllPoints Expands Mavrik™ Parts Inventory in Response to Growing Supply Chain Concerns

Retrieved on: 
Friday, June 10, 2022

AllPoints, a global foodservice parts and supplies provider, has recently expanded parts inventory of OEM-equivalent brand Mavrik to shore up supplies and reduce the likelihood of delays post-pandemic.

Key Points: 
  • AllPoints, a global foodservice parts and supplies provider, has recently expanded parts inventory of OEM-equivalent brand Mavrik to shore up supplies and reduce the likelihood of delays post-pandemic.
  • Were staying ahead of the curve by the recent increase in our Mavrik inventory by 24% to meet the growing demand of our customers, said Tom Pendrey, president of AllPoints.
  • AllPoints is committed to providing the parts you need, when you need them, especially in light of the many supply chain issues impacting the industry.
  • AllPoints is a global foodservice parts and supplies provider focused on helping service agents, dealers and parts resellers maximize their profits.

USANA Signs Deal with Basketball New Zealand

Retrieved on: 
Tuesday, May 31, 2022

SALT LAKE CITY, May 31, 2022 /PRNewswire/ -- For 30 years USANA, the Cellular Nutrition Company, has been a leader in its industry. With more professional and Olympic athletes trusting USANA with their nutritional needs than any other nutritional supplement in the world, its impressive and diverse roster of athletic partners continues to soar. USANA is now the official nutritional supplement supplier of Basketball New Zealand (BBNZ), providing NSF-certified products to the Tall Blacks, Sky Sport Tall Ferns, and respective 3x3 team athletes.

Key Points: 
  • USANA is now the official nutritional supplement supplier of Basketball New Zealand (BBNZ), providing NSF-certified products to the Tall Blacks, Sky Sport Tall Ferns, and respective 3x3 team athletes.
  • "We look forward to cheering them on as they represent New Zealand in upcoming competitions and beyond."
  • "We are excited to partner with USANA for our Senior National teams," says MNZM Chief Executive of Basketball New Zealand Dillon Boucher.
  • Basketball New Zealand (BBNZ) is the national body for the sport of basketball in New Zealand.