US-based FreshCo Foods has been acquired by high pressure processing (HPP) business American Pasteurization Co. for an undisclosed sum.
The two businesses are already linked and work from the same facility.
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As part of the acquisition, FreshCo has been renamed APC Manufacturing.
FreshCo currently produces a variety of products including salsa, salad dressing, baby food, sauces and marinades.
It is also capable of co-packing guacamole and avocado-based products, fresh pasta and cooked pasta dishes, legume and bean dishes, grain and rice dishes, coleslaw, and a variety of fresh dips.
Justin Segel, co-founder and CEO of American Pasteurization Co., which was founded in 2004 in Milwaukee and operates from a 140,000 sq ft facility, said: “APC Manufacturing was originally established as a stand-alone company to provide co-packing services to clients of APC. Its rapid growth has required an infusion of capital that’s best delivered by APC.”
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By GlobalData“APC Manufacturing operates in the same building as APC, so it’s been an easy ownership transition.
“APC Manufacturing clients can take advantage of a full-service, turnkey process that provides co-packing and timely HPP services within the same facility.
“Having manufacturing and HPP under one roof allows product to get into HPP faster, ensures the cold chain is maintained and eliminates an additional freight cost.”
The majority of APC Manufacturing’s clients also use HPP provided by APC.
HPP is a cold pasteurisation technique where products that are already sealed in their final package are pasteurised by applying extreme hydrostatic pressure.
