JBT Corporation Acquires Avure, a Leading Provider of High Pressure Processing Solutions
JBT Corporation, a global technology solutions provider to high-value segments of the food and beverage industry, has purchased Avure Technologies, a leading provider of high pressure processing (HPP) systems, for $57 million. Privately held Avure is based in the US.
HPP is a cold pasteurization technology that ensures food safety without heat or preservatives, maintaining fresh food characteristics such as flavor and nutritional value, while extending shelf life.
“We are excited about the rapidly expanding market adoption of HPP across protein and liquid foods,” says Steve Smith, President of JBT FoodTech. “With the addition of Avure, JBT will be able to offer comprehensive thermal and non-thermal preservation solutions.”
“As part of JBT, Avure will benefit from our global salesforce, service support and extensive customer relationships, as well as our commitment to developing solutions that maximize customer profitability,” says Tom Giacomini, JBT’s Chairman, President and Chief Executive Officer.
