JBT Corp. acquires Avure
Avure Technologies, Inc. is an Erlanger, Ky.-based provider of high-pressure processing (HPP) systems.
JBT Corp., Chicago, purchased Avure Technologies, Inc., an Erlanger, Ky.-based provider of high-pressure processing (HPP) systems for $57 million.
"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," adds Tom Giacomini, JBT's chairman, president and CEO.