Aliment

Superfruit Industry Disruptor Agrovision Announces Largest Equity Financing to Date with Leading Growth Capital Investors to Scale its Global Footprint

Retrieved on: 
Wednesday, March 20, 2024

With a focus on key strategic initiatives, Aliment will provide additional capital and expertise to help take Agrovision to its next level of growth.

Key Points: 
  • With a focus on key strategic initiatives, Aliment will provide additional capital and expertise to help take Agrovision to its next level of growth.
  • The investment will fund Agrovision's continued global expansion, distribution, product development and technology, as the Company continues scaling its differentiated year-round product offering.
  • Agrovision leverages its unique global footprint of optimal micro-climates, access to proprietary premium genetics, advanced data analytics and vertical integration, to deliver berries with a superior eating experience.
  • In less than ten years, Agrovision has become a global leader in the premium blueberry category – the fastest growing segment of the market.

MONTRÉAL EN LUMIÈRE 2024

Retrieved on: 
Tuesday, December 5, 2023

Montréal, Dec. 05, 2023 (GLOBE NEWSWIRE) -- MONTRÉAL EN LUMIÈRE, presented by Loto-Québec in collaboration with Scotiabank, invites you to its sparkling 25th anniversary edition.

Key Points: 
  • Montréal, Dec. 05, 2023 (GLOBE NEWSWIRE) -- MONTRÉAL EN LUMIÈRE, presented by Loto-Québec in collaboration with Scotiabank, invites you to its sparkling 25th anniversary edition.
  • A trailblazer festival, MONTRÉAL EN LUMIÈRE offers all kinds of ways to play outside and make the most of winter.
  • "The MONTRÉAL EN LUMIÈRE festival is the spark plug that has kept the city shining bright for 25 years!
  • "Get your wool socks and long johns out, get ready to smile, and come and have a great time at MONTRÉAL EN LUMIÈRE.

Lactalis Canada Releases 2022 ESG Report

Retrieved on: 
Wednesday, May 3, 2023

TORONTO, May 03, 2023 (GLOBE NEWSWIRE) -- Lactalis Canada, the Canadian dairy leader behind iconic brands like Cracker Barrel, Black Diamond, Balderson, Astro and Lactantia and a subsidiary of France-based Lactalis Group, today released Lactalis Canada’s 2022 Environmental, Social and Governance (ESG) Report which highlights the company’s drive to embed real and meaningful change across the organization and contribute to the wellbeing of the people, planet and communities it serves.

Key Points: 
  • TORONTO, May 03, 2023 (GLOBE NEWSWIRE) -- Lactalis Canada, the Canadian dairy leader behind iconic brands like Cracker Barrel, Black Diamond, Balderson, Astro and Lactantia and a subsidiary of France-based Lactalis Group, today released Lactalis Canada’s 2022 Environmental, Social and Governance (ESG) Report which highlights the company’s drive to embed real and meaningful change across the organization and contribute to the wellbeing of the people, planet and communities it serves.
  • “Lactalis Canada’s 2022 ESG Report is a roadmap to transform our business even as we grow, innovate and adapt to evolving global circumstances and is designed to enable responsible and profitable growth and deliver value for all Lactalis Canada stakeholders – our people, consumers, customers, suppliers, dairy farmers, governments, industry and community partners,” said Mark Taylor, President & CEO, Lactalis Canada.
  • Launched Lactalis Canada Community Enrichment Fund to empower each of Lactalis Canada’s operational sites to make meaningful impact at the local level through participation and support of community programs.
  • Supported launch of Lactalis Group’s Act for Quality worldwide initiative, aiming to set industry benchmark for food safety and product quality in Canada.

Local food is not enough — we need a sustainable transition in the food system

Retrieved on: 
Tuesday, April 25, 2023

On one hand, delays in the arrival of foreign workers and the disruption of slaughterhouse operations were among the greatest difficulties faced by Québec farmers.

Key Points: 
  • On one hand, delays in the arrival of foreign workers and the disruption of slaughterhouse operations were among the greatest difficulties faced by Québec farmers.
  • On the other hand, one of the biggest challenges for smaller-scale local ecological producers was to promptly satisfy an overwhelming demand for fresh, local food.
  • So how does one explain the decline in the popularity of local, ecologically grown food?

Food autonomy is insufficient

    • The main conclusion that we have drawn from the research we conducted with local farmers and others involved in alternative food initiatives is that “food autonomy,” as a framework for reorganizing the food system of Québec (and other provinces), is not enough.
    • How is food autonomy insufficient?
    • Those of smaller-scale ecological producers, which can be very diverse in terms of on-farm practices, should be both prioritized and replicated.

The precarity of farming

    • Our research confirmed what has been demonstrated in recent years: that the financial and mental burden that farmers are facing is worrisome and unsustainable.
    • Contributing to this burden is the well-known shortage of domestic agricultural labourers, which is being compensated for by migrant workers whose living and working conditions are too often deplorable.
    • Connections between marginalized consumers and ecological farmers are therefore difficult and only occasionally realized through targeted initiatives.

Towards a just transition

    • The objective should not be simply to achieve food autonomy, but to undertake the process of a just transition towards a socially just and agroecological food system.
    • This is an opportunity to actively rethink the current food model, which is currently designed to prevent such a transformation.
    • In other words, a just transition is about inviting everyone to the table, from farmers to consumers, to think beyond established models and popular practices.

A question of collective responsibility

    • However, the current forms of product aggregation and co-operation between farms, organizations and consumers are marginal and need to be further supported.
    • Our research has shown that such examples of infrastructure of the middle require a significantly increased contribution from outside the agricultural community.
    • In fact, bringing about such changes is our collective responsibility.

Walmart Canada raises record $4.5 million, helping Breakfast Club of Canada provide 9 million morning meals to children

Retrieved on: 
Wednesday, December 14, 2022

BOUCHERVILLE, QC, Dec. 14, 2022 /CNW/ - Breakfast Club of Canada is pleased to announce that Walmart Canada has raised a record $4.5 million in 2022, allowing the Club to provide 9 million* nutritious morning meals for children and students across Canada.

Key Points: 
  • BOUCHERVILLE, QC, Dec. 14, 2022 /CNW/ - Breakfast Club of Canada is pleased to announce that Walmart Canada has raised a record $4.5 million in 2022, allowing the Club to provide 9 million* nutritious morning meals for children and students across Canada.
  • Since 2003, Walmart Canada has worked with Breakfast Club of Canada, donating and raising more than $63 million to help reach more students every day.
  • This year's fundraising activities contributed $4.5 million and included a $1 million corporate donation from Walmart Canada.
  • Breakfast Club of Canada has been working tirelessly for the past 28 years and today reaches more than 580,000 children in over 3,500 school nutrition programs throughout Canada each morning.

Inflation and Rising Food Prices: Breakfast Club of Canada Sounds the Alarm

Retrieved on: 
Tuesday, August 23, 2022

BOUCHERVILLE, QC, Aug. 23, 2022 /CNW Telbec/ - Amid decade-high inflation, Breakfast Club of Canada is launching an ambitious Back-to-School fundraising campaign to continue supporting school nutrition programs and ensure that children go to school with a healthy breakfast.

Key Points: 
  • BOUCHERVILLE, QC, Aug. 23, 2022 /CNW Telbec/ - Amid decade-high inflation, Breakfast Club of Canada is launching an ambitious Back-to-School fundraising campaign to continue supporting school nutrition programs and ensure that children go to school with a healthy breakfast.
  • The Club and its partners currently help to reach more than 580,000 children each morning in over 3,500 school nutrition programs.
  • "In 27 years of existence, the Club has never broken its promise to the children," declares Judith Barry, Co-Founder and Director, Government Relations at Breakfast Club of Canada.
  • To make a donation:
    Since 1994, Breakfast Club of Canada has been working with partners from all sectors to help children access a nutritious breakfast and reach their full potential.

Pontifax AgTech Rebrands as Aliment Capital

Retrieved on: 
Monday, July 18, 2022

SANTA MONICA, Calif., July 18, 2022 /PRNewswire/ -- Pontifax AgTech Management, a leading growth capital investor in the global food and agriculture sector, today announced it has rebranded as Aliment Capital ("Aliment" or "the Firm"):

Key Points: 
  • SANTA MONICA, Calif., July 18, 2022 /PRNewswire/ --Pontifax AgTech Management, a leading growth capital investor in the global food and agriculture sector, today announced it has rebranded as Aliment Capital ("Aliment" or "the Firm"):
    Aliment Capital is a purpose-driven investment firm focused on generating superior returns by investing in disruptive companies that improve the efficiency, resilience and sustainability of the food and agriculture sector.
  • Aliment will maintain its established strategy of investing growth capital globally in commercially established businesses with proven technologies as part of a broader commitment to combating climate change.
  • Aliment Capital manages $483M in AUM and is backed by leading institutional investors including university endowments, pension funds, foundations and major family offices.
  • Founded in 2013, Santa Monica, California-based Aliment Capital, formerly known as Pontifax AgTech, is a leading global growth capital investor in food and agriculture technology.

Bonduelle - 2020-2021 Annual Results: Business activity and profitability sustained in an environment subject to sanitary constraints

Retrieved on: 
Monday, September 27, 2021

Once IFRS 16 standard is taken into account, the group's debt stands at 716 - million and debt leverage(3) at 3.38.

Key Points: 
  • Once IFRS 16 standard is taken into account, the group's debt stands at 716 - million and debt leverage(3) at 3.38.
  • Furthermore, as part of the periodic review of its business portfolio, the Bonduelle Group announces that it has initiated a strategic review of its Bonduelle Americas Long Life business unit.
  • We are a French family business with 14,700 employees and we have been innovating with our farming partners since 1853.
  • Our products are cultivated on 124,000 acres and marketed in 100 countries, with a revenue of 2,779 million.

Child Support Payment App SupportPay Announces Highest Growth Rates During Pandemic, Attracts Investment from Morgan Stanley Multicultural Innovation Lab Accelerator

Retrieved on: 
Monday, March 29, 2021

This growing demand for SupportPay's technology to help eliminate the financial conflict around child support and shared child expenses is matched by investor interest; Morgan Stanley recently selected SupportPay as one of just eleven startups for its Multicultural Innovation Lab , an accelerator program that invests in early stage, high growth companies led by women and multicultural entrepreneurs.

Key Points: 
  • This growing demand for SupportPay's technology to help eliminate the financial conflict around child support and shared child expenses is matched by investor interest; Morgan Stanley recently selected SupportPay as one of just eleven startups for its Multicultural Innovation Lab , an accelerator program that invests in early stage, high growth companies led by women and multicultural entrepreneurs.
  • SupportPay's growing popularity seems to contradict recent reports that divorce rates are on the decline.
  • In addition to child support, spousal support, and alimony, this includes shared costs for health care, education, child care, extracurricular activities; and more.
  • In addition to its consumer app, the SupportPay Family Law Network provides court administrators, family lawyers, mediators, therapists, and others within the child support ecosystem with resources to streamline child support agreements and family court processes.

Saudi Ministry of Justice to Launch Alimony Fund Modelled on UK's Child Maintenance Service

Retrieved on: 
Tuesday, May 15, 2018

The Saudi Ministry of Justice is planning to launch an alimony fund similar to the United Kingdom's Child Maintenance Service, in an attempt to empower mothers and provide sustainable living and support, for them and their children.

Key Points: 
  • The Saudi Ministry of Justice is planning to launch an alimony fund similar to the United Kingdom's Child Maintenance Service, in an attempt to empower mothers and provide sustainable living and support, for them and their children.
  • The alimony fund is dedicated to women who are divorced and facing difficulty in securing monthly expenses from their former husbands.
  • The fund is designed to cover their expenses until a verdict can be reached as to the amount the husband should pay.
  • The efforts by the Ministry of Justice are designed to complement those initiatives, delivering help for women in providing for, and raising, their children.