JBT Corporation has acquired Avure Technologies, Inc. for $57 million, before post close adjustments. Avure is a leader 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 leader 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.
“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. “We’ll add our global salesforce and responsive aftermarket support to the development and installation of these HPP systems to create best-in-class lines for our customers.”