RALEIGH, N.C. – Food technology firm Aseptia has completed the sale of its manufacturing operations Wright Foods and Carolina Dairy to a newly formed subsidiary of Indiana-based AmeriQual Group Holdings.
The sale, which was finalized in late February, transfers the assets of Wright Foods in Troy, N.C., and Carolina Dairy in Biscoe, N.C., to AmeriQual’s subsidiary. As part of the transaction, the companies also formed a long-term licensing relationship for the use of Aseptia’s patented AseptiWave™ and AseptiSense™ technologies.
A statement released Mar.7 by Aspetia said, “These innovative, award-winning technologies allow for the processing and validation of a wide range of aseptic foods with better sensory, nutrition-retention and ingredient profiles while also lowering supply chain costs by reducing or eliminating the need for cold storage.”
“We are launching an exciting relationship with AmeriQual that offers tremendous potential for both companies,” said Aseptia President and CEO David Clark. “They are market leaders in food processing and packaging, and the facilities and capabilities that we had at Wright Foods and Carolina Dairy are a great fit for them. We believe that AmeriQual is the ideal owner to continue the strong growth that we experienced in those businesses. By combining Aseptia’s proprietary food technologies with AmeriQual’s market leading process expertise, we believe that innovative and transformative aseptic products will be brought to market in the very near term.”
He added, “The sale of our manufacturing operations will allow us to concentrate entirely on expanding the adoption of our technologies around the world.”
AmeriQual’s leadership also noted what their company sees as benefits of the transaction.
“As a leading developer and processor of food products for consumer, foodservice, government and institutional customers, AmeriQual continually strives to bring the highest quality, most innovative products to our customers,” said Joe Penshorn, President of AmeriQual Group Holdings. “By expanding our manufacturing capabilities and employing Aseptia’s aseptic preservation technologies, we will be able to bring unique, better products to our customers. Acquiring the Carolina Dairy facility is also a very logical extension of our pouch manufacturing expertise into the yogurt category. We are excited about the opportunities that this transaction affords us.”
Aseptia, founded in 2006, specializes in aseptic and related technologies. Partnered with North Carolina State University and its team of scientists, Aseptia developed technology which enables the preservation of food products that maintain freshness, flavors, nutrients and superior taste without the use of additives or the need for refrigeration. For this patented technology, Aseptia and N.C. State received a variety of accolades and recognition, including acknowledgment by the FDA. http://www.aseptia.com.
AmeriQual Group Holdings LLC specializes in the production, packaging, assembly and distribution of shelf-stable food products to the United States Department of Defense (DoD) and major branded food companies. Thermo Pac LLC, a wholly owned subsidiary, specializes in the processing, assembly and distribution of portion control food products. http://www.ameriqual.com
—Information in this article was provided mostly from a press release issued Mar. 7, 2016, by Aseptia.