The two equipment solutions providers aim to expand their capabilities and services for food processing sectors in Europe, the Americas and Asia Pacific regions, including pet food processing.
The retailer launched two new dog food formulas shortly after announcing its rebranding, meant to highlight the company as a complete care provider for pet owners.
The packaging equipment supplier will expand its portfolio to include a wide range of sanitary systems and engineering services through the acquisition.
Ÿnsect closed its recent series C funding round with $372 million from global investors, which will contribute to the completion of its vertical farm and processing facility and expansion into North America.