Tag Archives: Processing

OctoFrost Group purchases Innotec Systems, strengthening grip on IQF processing tech market

Malmö, Sweden-based OctoFrost Group, a manufacturer of individual quick freezing (IQF) freezer tunnels, has purchased Innotec Systems BV, a maker of customized industrial food processing machinery. The acquisition is intended to make OctoFrost is a key player in supplying complete IQF processing lines, the company in its press release announcing the deal. Terms of the deal were not announced, but ... Read More »

New Universal LG White Card for Credit Card Processing Coming Soon?

LG is reportedly developing a universal credit card to go with LG Pay, its new mobile payment system. A report by ETNews says that the card will be called LG Pay White Card and like the failed Coin or the new Plastc, the White Card will be able to store several debit, credit and rewards cards. Leaked photos of the ... Read More »