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Vivani says its implant delivers medication steadily over long periods of time.
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In a statement, the companies said Cranswick will be The Jolly Hog’s “long-term manufacturing partner”.
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The new settlement covers all six of the original defendants – Tyson Foods, Cargill, George's, Peterson Farms, Cal-Maine and Simmons Foods.
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The company is investing in production at its site in Aschbach in the north of the country.
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Dellia, which sells products under the Sunshine Delights brand, said the “review will consider a broad range of strategic and financial alternatives”.
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Hyde Park Capital, which acted as the investment bank for the transaction, did not disclose the financial terms of the deal.
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Glacier operates five factories in Europe and is backed by Davidson Kempner Capital Management and its partner Afendis Capital Management.
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The outperformance in international versus North American foods and drinks prompted one analyst to describe the scenario as “pretty stunning”.
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