FoodBeverageInnovation

PITTSBURGH, Feb. 13, 2018 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: GNC) (the "Company") today announced it has reached an agreement regarding a strategic partnership and China joint venture agreement with Harbin Pharmaceutical Group Holding Co., Ltd ("Hayao"), a leading pharmaceutical company in China. Under the terms of the agreement Hayao will invest approximately $300 million in GNC, becoming the single largest shareholder in GNC (on an as converted basis). In addition, GNC and Hayao have agreed to form a joint venture for the manufacturing, marketing, sale and distribution of GNC-branded products in China, leveraging the synergies between Hayao and GNC in the fast growing Chinese market. CITIC Capital Holdings Limited ("CITIC Capital"), as a major shareholder of Hayao, is supportive of the transaction. source:passioncard GNC also announced plans to amend certain terms and extend the maturity date of its existing term loan facility d...

On the 23 September 2017,Pentawards Worldwide Packaging Design Awards Competition 2017 winners are presented in Barcelona, Spain.Created in January 2007,  the Pentawards are recognised as the most prestigious worldwide competition exclusively devoted to packaging design in all its forms. This year  Perfumes y Diseño  Starck  from Spain wins the diamond Pentaward. A full lists of gold Pentawards winners and above in beverage and food category follows below. Food 1.Platinum Pentaward Brand: Candela Entrant: Infinito Creative Director: Alfredo Burga Designers: Amanda Hirakata, Pamela Espino Illustrations: Pamela Espino Project Manager: Branko Bojovic, JoaquÌn Valdez,Talia Peschiera General Manager: Claudia Boggio Country: Peru Websit e:  http: //www.infinito.pe/ The Peruvian chocolate makers, Candela have a brand ethos that states “Do it right, do what’s rig ht. ”Pa ckaging design that embodied this ethos was a fundamental part of ...