One Rock poised to acquire Innophos Holdings, Inc.

Innophos board of directors unanimously approve transaction

Morgan Smith, New Products Editor

Oct 23rd, 2019

Innophos Holdings, Inc. logo

Innophos Holdings, Inc., an international producer of essential ingredients for food & beverage, health & nutrition and industrial brands, has entered into a definitive agreement with a One Rock Capital Partners, LLC affiliate to acquire all Innophos outstanding shares in a transaction valued at approximately $932 million, including the assumption of debt. The transaction is expected to close in the first quarter of next year, subject to stockholder and regulatory approvals and customary closing conditions. Upon the completion, Innophos will become a privately held company.

Wineries sometimes face potentially unreliable yields, and any issues that compromise batches during extended fermentation periods equate to several years’ worth of lost time, materials and cost. This where the proper valve selection is crucial. Photo courtesy of Emerson Automation Solutions.

How to Select the Optimal Valve for Beverage Processing

Controlling the temperature during heating and cooling in beverage processing plays a critical role in pasteurization, sterilization, cooking, fermentation and many other beverage applications. The proper valve can precisely control your process.

Helpful Hints for Navigating PACK EXPO Connects, on Nov. 2, at 10 a.m. CT will provide tips and tricks to help make the most of the PACK EXPO Connects experience.

Prep Now as PACK EXPO Connects Presents Preview Week

Gear up with a sneak peak at this year’s most exciting week in packaging.

New aseptically packaged oat-based beverage for consumers in China.

Ecolean Packages for Chinese Consumers

Consumers in China can now enjoy US-owned brand Wholly Moly! dairy-free drinks in this distinctive lightweight flexible package with an air-filled handle.

Ken's Foods Facility

Ken’s Foods Expanding Manufacturing and Distribution Operations

A new building will be constructed at the same property as an existing facility to consolidate the company’s support facilities operations.

Morinaga Milei Building

Morinaga Milk Expanding Lactoferrin Production Capacity

The company is aiming to meet the growing worldwide demand for lactoferrin, a functional ingredient to support health and nutrition.

ProdX allows multiple facilities to be connected to a single data point.

Smarter Food Safety Relies on More Data, Compute Power

Demand is rising for improved precision in food inspection. Food producers are taking advantage of the data and processing capabilities in their systems to not only improve food safety, but also to work toward improved traceability.

Marfrig and ADM Launch Joint Venture

The two companies have formed PlantPlus Foods, which will offer a variety of finished plant-based food products.

Purina Pet Care New Site

Nestlé Purina PetCare Announces Plans for New Factory

The new facility will support long-term growth for trusted pet care brands and meet increasing pet food demand.

The J.M. Smucker Co. to Sell Crisco Business

The divestiture aligns with the company’s intent to exit the U.S. baking category and focus more resources on its core growth platforms.

Darifair Foods Getting New Headquarters and Innovation Center

Stellar was chosen to handle the design and build

New Glanbia Plant Begins Production in Michigan

The state-of-the-art cheese and whey facility marked October 21 as the first day of operations and the beginning of the commissioning phase.

HARIBO to Build Factory in Wisconsin

America’s leading gummi brand is set to begin construction of its first-ever North American manufacturing facility.

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How-To Guide on Mastering PACK EXPO Connects

Every preparation tool attendees need to ensure a successful event

An important factor in understanding asset reliability is in its relationship to overall equipment effectiveness (OEE). Asset reliability initiatives are focused on two key areas within OEE loss: planned downtime events and unplanned downtime events. Source: PMMI’s OpX Leadership Network OEE guidelines report.

The Drive to Zero Downtime

The time invested in building reliability initiatives can pay huge dividends in the future. Systems and equipment can become more reliable and allow food and beverage manufacturers to fulfill safety, quality, delivery, and cost objectives.

Pod Pack now operates 14 packaging lines producing half a dozen formats with contract packaging customers including all the big national brands, local regional brands, hospitals, schools, foodservice, and anywhere else you can imagine.

Coffee Pod Co-Packer Realizes Perks of ERP System

Between limiting downtime, speeding up throughput, and a host of soon-to-be realized improvements via ERP (Enterprise Resource Planning) software data harvesting, Pod Pack is making the most of its new ERP system.

Hands-free headsets allow operators to troubleshoot machine failures or can be used when access is needed in remote locations.

Security, Remote Access, and Manufacturing Data

Achieve secure remote access with proven system integrators during the pandemic.

Hormel Svp Pierre Lilly

Hormel Foods Names New SVP and Chief Compliance Officer

Pierre Lilly will be responsible for overseeing compliance with the laws and regulations that govern the company’s worldwide operations.

Getty Images 1175230914

Major Trends in Modern Health Today

Healthier eating lifestyles and habits were already on the rise before the pandemic, but now there is an updated perspective on modern health.

Fps Thailand Facility

FPS Opens New Manufacturing and Service Center in Thailand

The new facility will put the company in a prime position to offer hygienic refrigeration equipment solutions to the global food processing market.

Dennis Group Forms New Partnership

The joint venture with IFAB Engineering Partners will create the largest food design firm in Canada.

More in Home

For more information and free registration, visit packexpoconnects.com.

The Countdown to 2020’s Most Comprehensive Virtual Packaging Event is On

See more technology in less time at PACK EXPO Connects

Dennis Organ, Smithfield Incoming President And Ceo

Smithfield Foods to Have New President and CEO

Dennis Organ has been named to take leadership following the retirement of current President and CEO Kenneth M. Sullivan.

PACK EXPO Connects has several new features that will foster connections with a wide variety of solutions providers.

PACK EXPO Connects Delivers New Technology to Your Desktop or Device

Virtual event will foster connections with solutions providers—minimizing attendee time and effort to find innovations needed. The latest industry advancements will be presented via 2,700 live product demonstrations, connecting attendees with exhibitors.

The Great Global Reset

As consumers shift consumption habits amidst the pandemic, many manufacturers in ProFood World’s Global 250 Food and Beverage Manufacturers list take this moment as a window of opportunity to boost growth of their iconic legacy brands and retail channel.

Nurtac Afidi, Godiva Interim Ceo

GODIVA Announces Interim CEO

Current CEO Annie Young-Scrivner is set to leave the company at the end of November to pursue another opportunity.

Schenck Process to Acquire Baker Perkins

The move will strengthen Schenck’s European capabilities in the food processing and equipment sector, and broaden its product offerings in the Americas.

Baby Food Brand Grows Up

Babyblends maker Little Spoon has expanded its product offerings to include supplements/vitamins and a line of plated meals for the younger set in just a few short years, while also selling solely direct-to-consumer.

International Snack Food Company Building Facility in North Carolina

The new site will provide easier access to the East Coast market and support expansion into new snack categories.

PepsiCo Provides Update on Green Bond

The company reveals $447 million has been allocated thus far to support its vision of building a more sustainable food system.

Goya Expanding Texas Facility

The facility sits in a location that provides access to a skilled workforce, favorable business climate, railroad transportation, and a launch pad for global export.

Hixson designed renovations and a new line for Abbott Nutrition’s Tipp City, Ohio, plant. The facility features low-acid aseptic filling at greater than 800 bpm, segregated storage areas, state-of-the-art sterilization technologies, and highly flexible production and packaging lines.

Get More From Your Existing Assets

Identifying why your equipment is running below its potential is the first step in boosting output. Visibility tools, remote diagnostics, and the care and feeding of your essential human assets can push throughput in the right direction.

New sustainable packaging initiative from Clover Sonoma.

New Sustainable Milk Carton

Clover Sonoma, a third-generation family-owned and operated dairy based in Petaluma, Calif., is transitioning its half-gallon organic milk to a fully renewable plant-based paperboard milk carton.