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Resource Label Group Expands Presence in Northeast With Acquisition of New England Label

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. ....

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Audax Private Debt Provides Financing to Support Entrepreneurial Equity Partners' Acquisition of Ya YA Foods

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 p ....

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INDEVCO Plastics Announces Sustainable Heavy Duty Films & Bags with Up to 50% Recycled Content

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
INDEVCO Plastics Announces Sustainable Heavy Duty Films & Bags with Up to 50% Recycled Content
INDEVCO PlasticsFebruary 19, 2021 GMT
Longview, Texas, Feb. 19, 2021 (GLOBE NEWSWIRE) INDEVCO Plastics continues expanding its range of sustainable plastic films, today announcing the launch of recyclable industrial films and bags that use up to 50% recycled resin content. Last month, INDEVCO Plastics announced its recyclable Shrink Bundling Film comprised of 50% post-consumer recycled (PCR) resin for the beverage and processed food industries.
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Wayne Mashe, Divisional General Manager of INDEVCO North America Plastics Division, explains, “We’ve been using post-industrial recycled (PIR) resins in our blends since we opened in 2015. Every film we produce is 100% recyclable, and today we’re optimizing how the films with PIR and PCR recycled materials perfor ....

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BevCanna Announces Receipt of Health Canada Standard Processing License

Press release content from Business Wire. The AP news staff was not involved in its creation.
BevCanna Announces Receipt of Health Canada Standard Processing License
February 16, 2021 GMT
VANCOUVER, British Columbia (BUSINESS WIRE) Feb 16, 2021
Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“
BevCanna ” or the “
Company ”) is pleased to announce that it has received a Standard Processing License from Health Canada. The Company is now fully authorized to begin production at its full service, high-capacity beverage manufacturing facility. BevCanna will begin production of its white-label products, #1 U.S. cannabis beverage brand Keef and its in-house beverages, through licensed Canadian retailers, positioning the Company to fully capitalize on the burgeoning Canadian cannabis-infused beverage sector. ....

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Ardagh Group S.A. - Fourth Quarter and Full Year 2020 Results

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ardagh Group S.A. - Fourth Quarter and Full Year 2020 Results
February 16, 2021 GMT
Ardagh Group logo 2019 (PRNewsfoto/Ardagh Group S.A.)
LUXEMBOURG, Feb. 16, 2021 /PRNewswire/ Ardagh Group S.A. (NYSE: ARD) today announced its results for the fourth quarter and year ended December 31, 2020.
December 31,
Full Year
35
1.44
(27)
(0.11)
0.28
0.15
4.9x
4.5x
Paul Coulson, Chairman and Chief Executive, said: “The Group performed well in the quarter, with strong earnings growth in Metal Beverage Packaging and volume growth in Glass Packaging. The resilience of our businesses, the adaptability of our teams and the outlook for our sustainable products was underlined in 2020. We remain focused on growth and have increased our 2021-2024 Business Growth Investment program from $1.8 billion to $2.1 billion due to additional beverage can op ....

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