Glacio, a Constellation company, announces 100% acquisition of 3PL provider Göteborgs Frysehus. The transaction marks two important milestones for Glacio as this is Glacio’s first acquisition, and Glacio’s first venture into the Swedish market.
Sproud, the Swedish maker of a range of plant-based milks announced it has raised $6.5 million from growth capital investor, VGC Partners. The investment will be used to grow Sproud’s team, accelerate the brand’s distribution and brand building activities in the company’s core markets - including the US, Canada, and the UK - and for further development of its plant-based and dairy-free product range.