Industry News
Hershey, PA, and Austin, TX – The Hershey Company will acquire Amplify Snack Brands, parent company of popcorn maker SkinnyPop, in a deal valued at $1.6 billion, including debt, Hershey said in a news release.
Toronto – A study led by University of Toronto nutritional scientists is calling on the Canadian government to outlaw junk food marketing to children, impose stricter limits on unhealthy nutrients added to foods and impose a "sugary drink tax."
Montreal – The City of Montreal plans to phase out sugary drinks in public buildings such as arenas and pools as contracts are renegotiated with vendors. CBC News reports. | READ MORE
Ottawa – Convenience and rewards are the dominant themes in Payments Canada's annual payment methods and trends report.
Toronto – Packaging will play a role in reducing global food and product waste and brands that use clear and succinct package messaging will be rewarded, says a report outline the top five packaging trends by research firm Mintel.
Stamford, CT – Crane Co., a manufacturer of highly engineered industrial products, has signed an agreement to purchase Crane Currency from private equity firm Lindsay Goldberg, members of the Crane family, and other shareholders, for $800 million on a cash-free and debt-free basis.
Chicago – The first bitcoin future began trading Sunday as the virtual currency made its debut on the Chicago Board Options Exchange. The contract rose to $15,800 after the first hour and 15 minutes of trading. Global News reports. | READ MORE
Ottawa – The Heart and Stroke Association is calling for stronger food policies and guidelines on ultra-processed foods, citing newly commissioned research that suggests its growing consumption in Canada accounts for almost half of our daily calorie intake.
Santa Monica, CA – U-Vend Inc. will change its corporate name will change to BoxScore Brands Inc., the company announced in a news release.
Montreal – Montreal-based company Portions is selling fresh salad in recycled plastic jars from vending kiosks built from recycled machines. The Montreal Gazette reports. | READ MORE
San Francisco, CA – The international industrial vending machines market is estimated to reach $1.43 billion US by 2025, according to a new study by Grand View Research.
Caesarea, Israel – Lampados International is expanding its plant to increase production of its vegan, egg-free 3D meringue kiss sweetener for hot drinks.
Chicago – Registration has opened for The NAMA Show, set for March 21-23, 2018, at the Las Vegas Convention Center.
Nottingham, U.K. – A British charity is setting up vending machines that provide basic necessities such as water, fresh fruit, sandwiches, socks and toiletries all day, every day and free of charge. CNN reports. | READ MORE
Ottawa – Interest in Bitcoin has prompted the Bank of Canada to issue a research paper considering the merits and risks of digital currencies.
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