# JBT Corporation acquires Avure Technologies for $57M

JBT Corporation announced it has purchased Avure Technologies, Inc., a leading provider of high pressure processing (HPP) systems, for $57 million. Avure is headquartered in Erlanger, KY, with a manufacturing center in Middletown, OH.

- Type: Acquisition
- Announced: 2017-02-27
- Where: Erlanger, KY and Middletown, OH, United States
- Value: $57.0M
- Status: completed
- Products: high pressure processing (HPP) systems
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (acquirer)
- [Avure Technologies](https://endata.com/companies/22490.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/jbt-corporation-acquires-avure-a-leading-provider-of-high-pressure-processing-solutions-300414292.html), 2017-02-27: "JBT Corporation announced today it has purchased Avure Technologies, Inc., a leading provider of high pressure processing (HPP) systems."
- [nosh.com](https://www.nosh.com/supplier-news/2017/jbt-corporation-acquires-avure-technologies-inc/), 2017-03-02: "JBT Corporation (NYSE: JBT) today announced it has acquired Avure Technologies, Inc. (“Avure”) for $57 million, before post close adjustments."
- [foodmanufacture.co.uk](https://www.foodmanufacture.co.uk/Article/2017/03/31/JBT-acquires-high-pressure-processing-firm-Avure/), 2017-03-30: "JBT Corporation has acquired high pressure processing (HPP) equipment supplier Avure Technologies for $57M (£47M) in a move designed to expand its food processing systems."
- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/keyword/4339-food-processing-equipment?page=11), 2017-06-19: "JBT Corp., Chicago, purchased Avure Technologies, Inc., an Erlanger, Ky.-based provider of high-pressure processing (HPP) systems for $57 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.