Press release content from Business Wire. The AP news staff was not involved in its creation.
Resource Label Group Expands Presence in Northeast With Acquisition of New England Label
March 8, 2021 GMT
FRANKLIN, Tenn. (BUSINESS WIRE) Mar 8, 2021
Resource Label Group, LLC (“Resource Label”), a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, announced it has acquired New England Label located in Andover, Massachusetts. Resource Label is a portfolio company of First Atlantic Capital, a New York-based private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG.
Press release content from Marketers MEDIA. The AP news staff was not involved in its creation.
Oat Drinks is Witnessing Surging Demand Owing to the Growing Popularity of Veganism
March 8, 2021 GMT
2021 Analysis and Review: Oat Drinks Market by Nature – Organic and Conventional for 2021-2031
FMI states in its recent study on oat drinks that the market will record an impressive CAGR of 8% through 2031. Demand for oat drinks is anticipated to continue surging particularly due to the rising health consciousness among people of all age groups.
″ Leading players in the industry are competing every day to deliver fresh and innovative varieties of these products. Due to its lactose-free consistency and every-day use, the oat drinks market is expected to grow significantly in the coming years..” says the FMI analyst.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Ruth’s Hospitality Group, Inc. Reports Fourth Quarter With a Return to Positive Net Income
March 5, 2021 GMT
WINTER PARK, Fla. (BUSINESS WIRE) Mar 5, 2021
Ruth’s Hospitality Group, Inc. (the “Company”) (NASDAQ: RUTH) today provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its fourth quarter and fiscal year ended December 27, 2020.
Business and Liquidity Update:
At the end of the fourth quarter of 2020, 91% (70 of 77) of company-owned and managed restaurants were open, which included 48 restaurants offering limited capacity dining service, three restaurants offering outdoor seating only, and 19 restaurants offering to-go and delivery service only. Beginning in the second half of November, the Company faced an increasing number of local COVID-19 pandemic-related governmental restrictions, including all of the Company�
Press release content from Business Wire. The AP news staff was not involved in its creation.
Audax Private Debt Provides Financing to Support Entrepreneurial Equity Partners’ Acquisition of Ya YA Foods
March 5, 2021 GMT
NEW YORK (BUSINESS WIRE) Mar 5, 2021
Audax Private Debt announced that it was the sole investor in a mezzanine financing supporting the acquisition of Ya YA Foods (the “Company”) by Entrepreneurial Equity Partners’ (“e2p”).
Ya YA Foods is a leading contract manufacturer of a broad range of aseptic food and beverage products including plant-based and high protein beverages, fruit juices, sports drinks, broths, and specialty milk and dairy beverages. Founded in 2008 and headquartered in Toronto, Ya YA Foods is one of the largest and most capable co-packers in North America, with over 500,000 square feet of manufacturing space designed to meet customer food safety and quality requirements. Utilizing cutting-edge aseptic and hot-fill processing capabili
LITTLE ROCK, Ark. (AP) — Workers at Arkansas poultry plants and other food manufacturing facilities are now eligible for the coronavirus vaccine, Gov. Asa Hutchinson said Tuesday, in a move