Waku delivers 10M+ meals annually to 658+ corporate and government clients across 20 cities, maintaining a 98 percent repeat order rate and a 15,000-item menu. The acquisition enhances DailyCo’s nationwide footprint and operational leverage in Indonesia’s institutional F&B sector. SUMMARY: JAKARTA, INDONESIA - DailyCo, Indonesia’s fastest-growing multi-brand F&B operator, has acquired Wadah Kuliner (Waku), a local F&B company known as the market leader in comprehensive … [Read more...] about DailyCo acquires Waku to lead Indonesia’s institutional catering market, appoints Anthony Gunawan as CHRO
acquisitions
Schenck Process FPM is becoming Coperion
Effective August 1, 2024, the company will officially transition its name under Coperion Following its September 2023 acquisition by Hillenbrand (NYSE: HI), Schenck Process Food and Performance Materials (FPM) is transitioning its name and brand to Coperion. The full legal change to Coperion will be completed by August 1, 2024. Coperion is an operating company of Hillenbrand with 140 years’ experience in some of the world’s most critical processing industries. Schenck Process FPM has … [Read more...] about Schenck Process FPM is becoming Coperion
Packaging Producers: Stora Enso completes the acquisition of De Jong Packaging Group
Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation. The acquisition will significantly strengthen Stora Enso’s presence in European packaging markets and provide an entry into the … [Read more...] about Packaging Producers: Stora Enso completes the acquisition of De Jong Packaging Group
