BDA Partners is pleased to announce that its client, Nippon Sangyo Suishin Kiko (“NSSK”), has sold its stake in Oriental Foods Co Ltd (ORF) and IIT Corp (IIT) to Hokkaido LogiService Co Ltd, a subsidiary of CO-OP Sapporo. BDA was the exclusive financial advisor to NSSK on the transaction. Terms of the transaction were not disclosed. ORF, founded in 1978, sells wholesale fruits and vegetables to supermarkets in Hokkaido, northern Japan. IIT was established in 1988 as the logistics division … [Read more...] about BDA advises NSSK on the sale of ORF/IIT to Hokkaido LogiService
Industry
FoodChain ID affirms its commitment to sustainable supply chains with new Deforestation-free Services
FoodChain ID, a leader in sustainability services and technology for the food supply chain, announces its Deforestation-free Services to support food supply chain participants’ compliance with European Union (EU) Regulation 2023/1115, commonly known as EUDR, and the demand from brands and retailers to source from deforestation-free supply chains. With over 25 years of sustainability experience in the food industry, FoodChain ID’s Deforestation-free Services comprise both due diligence of supply … [Read more...] about FoodChain ID affirms its commitment to sustainable supply chains with new Deforestation-free Services
CP Foods drives sustainable surplus food management through Thailand’s Food Bank Initiative
Charoen Pokphand Foods Public Company Limited (CP Foods) reaffirms its dedication to food security through sustainable management of surplus food and reduction of food waste across its operations. Along with this mission, CP Foods is spearheading its involvement in the "Thailand's Food Bank" initiative. This collaboration involves the National Science and Technology Development Agency (NSTDA), the SOS Foundation, and private sector partners to reduce food waste in landfills. This partnership … [Read more...] about CP Foods drives sustainable surplus food management through Thailand’s Food Bank Initiative
