March 1, 2017

JBT buys Avure Technologies

JBT Corporation has acquired Avure Technologies, Inc. for US$57 million, before post-close adjustments.

Avure is a leader in food processing technology and has a range of HPP systems for worldwide tolling centres and major food manufacturers. JBT, 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 sterilisation in the liquid foods market. With the addition of Avure to the family, JBT is expanding its clean label solutions for fresh, flavourful 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.

Foods using HPP include ready-to-eat and ready-to-cook meats, ready-meals, dairy products, seafood and shellfish. HPP helps producers increase food safety and extend shelf-life while providing consumers with nutritious, natural, flavourful 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.