JBT Corporation announced it has acquired Avure Technologies, Inc. ("Avure") for USD57 million, before post close adjustments. Avure is a specialist in food processing technology a...
JBT Corporation announced it has acquired Avure Technologies, Inc. ("Avure") for USD57 million, before post close adjustments. Avure is a specialist in food processing technology and has gone on to create a range of HPP systems for worldwide tolling centers and major food manufacturers all over the globe. JBT Corporation, also a global specialist in food and beverage processing solutions, has curated customer solutions up and down the line - from cooking, frying and chilling to portioning, sorting, weighing and grading in the protein market to extraction, mixing, blending, filling, closing and sterilization in the liquid foods market. And now, with the addition of Avure Technologies to the family, JBT is expanding its clean label solutions for fresh, flavorful foods and beverages with a longer shelf life. Avure's High Pressure Processing (HPP) uses ultra-high pressure purified water to keep packaged food pathogen-free to stay fresh longer. At very high pressures bacteria such as Listeria, E. coli, and Salmonella are inactivated. HPP helps producers increase food safety and extend shelf-life while providing consumers with nutritious, natural, flavorful food. "With the expanding marketplace adoption of HPP technology as well as broad applications across both protein and liquid foods, the integration of Avure solutions into the JBT portfolio means we can now offer comprehensive thermal and non-thermal preservation solutions to global food and beverage producers," explains Steve Smith, president, JBT FoodTech.