The merger, which was first announced on Nov. 12, 2024, was finalized following the receipt of all necessary regulatory approvals and customary closing conditions.
The merger between Kurita America and Avista Technologies is a strategic move aimed at combining their strengths to serve industrial and municipal markets better. By leveraging Kurita America’s extensive water treatment solutions and Avista’s specialized knowledge in membrane treatment, the merged entity will offer an expanded portfolio of solutions.
Akona unifies the technologies and global reach of AMP and AHS to deliver an extensive portfolio of processing and handling solutions for high-value materials in the food and beverage, pharmaceuticals, nutraceuticals and chemicals industries.
Capstone Partners reports the food sector has showcased defensibility amid elevated inflation and interest rates, evidenced by healthy levels of merger and acquisition activity through year-to-date.
By acquiring these Lynch Foods, Solina continues its North American expansion that began with its purchase of Canadian foodservice provider Produits Alimentaires Berthelet in 2020.
Both boards will work with staff to solidify the structure and governance of the merged entity
June 14, 2022
The Boards of Directors for the International Association of Refrigerated Warehouses (IARW) and International Refrigerated Transportation Association (IRTA) have reached an Agreement in Principle to merge their organizations to officially form a new organization, the Global Cold Chain Alliance (GCCA).