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Chicago-based Kenex Holdings announced that portfolio company Imperial Frozen Foods purchased 100% of the assets of Greystone Foods LLC, a Birmingham, Ala.-based manufacturer of Today’s Harvest branded and private label individually quick-frozen (IQF) vegetables.
This decision was based on the economies of a longer growing season, availability of production ground and plant capacities in Eastern Washington operations.
The global demand for IQF vegetable is expected to rise on the account of their longer shelf lives, speedy processing of foods and robust supply chain.
The global frozen fruits and vegetable market will grow at an annual rate of 5.34% and reach 751 million tons by 2027, according to a report published by Market Research Future, Woburn, Mass.
With the help of TOMRA’s free-fall sorter, Apetit can aim to become the leading brand in frozen vegetable products, frozen ready meals and ready-to-use fresh vegetables.
Dehydrofreezing, through the use of REV technology, is an innovative technique that removes specific levels of moisture homogeneously from fresh organic materials prior to freezing.
To improve processing efficiency, IQF fruit and vegetable processor RainSweet Inc., Salem, Ore., said it inked a manufacturing agreement whereby Freeze Pack Inc., Pasco, Wash., will produce all of RainSweet's frozen onions at a new Pasco plant.