For the ninth consecutive year, Relais & Châteaux will celebrate World Oceans Day on June 8th with the collective appeal #SOSforBiodiversity. The not-for-profit Association has invited chefs to adapt their menus by removing overexploited species, such as eel, and selecting sustainable seafood. To raise awareness of this issue, Relais & Châteaux is highlighting the efforts of four chefs who embody this initiative. …
Golub Capital acted as Administrative Agent, Lead Arranger and Sole Bookrunner on a unitranche facility to support Freddy’s Frozen Custard & Steakburgers (“Freddy’s”). The facility is composed of a term loan and a revolver; proceeds will be used to support Thompson Street Capital Partners’ (“TSCPs’”) refinancing of the Company’s existing first lien credit facility. Additional deal terms were not disclosed. …
Schwan’s Company, a leading U.S.-based food company and subsidiary of South Korea-based CJ Foods, announced a decision to further invest in South Dakota with the purchase of a 142-acre site at Foundation Park for a 700,000 square-foot Asian-style food production facility. …
The new warehouse facility will be attached to Upfield’s New Century production plant through an above-ground conveyor bridge being constructed by Upfield and allowing its finished product to be delivered directly into the warehouse. Upfield, a global leader in plant-based food, produces iconic brands such as Country Crock®, I Can’t Believe It’s Not Butter® and Imperial® at the New Century manufacturing facility. …
The 2023 GSI report outlines the environmental performance and nutritional profile of farm-raised salmon, allowing GSI members to not only demonstrate their contribution to sustainable food systems, but also hold themselves accountable to ambitious sustainability targets. Using the data in the report, GSI members can identify areas where further effort is required, learn from each other, and accelerate the necessary environmental improvements. …
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