NONBROWNING APPLE The Arctic apple was developed by Okanagan Specialty Fruits in Summerland (Arcticapples.com)

B.C. fruit company that developed nonbrowning Arctic apple sells to U.S. firm

Okanagan Specialty Fruits Inc. developed the nonbrowning Arctic apple

A Summerland apple growing and marking company, responsible for developing the nonbrowning Arctic apple, has been purchased by an American biotechnology company.

Okanagan Specialty Fruits Inc, was purchased by TS Biotechnology Holdings, LLC. The transaction closed on Jan. 31.

Third Security is a venture capital firm led by Randal J. Kirk.

“R.J. Kirk is a powerful champion of our Arctic apples and we are thrilled to continue our partnership with him at Third Security,” said Neal Carter, founder of Okanagan Specialty Fruits.

READ ALSO: Arctic apple set for debut

READ ALSO: Carters support hospital with apple benefits

“Collaboration with Third Security will facilitate our continued success as we further expand into retail and food service, enhancing our ability to deliver more apples in more places.”

Kirk said the purchase of Okanagan Specialty Fruits Inc. will benefit TS Biotechnology Holdings.

“The success of OSF’s Arctic apple is ground-breaking for the produce industry and for bioengineering science,” said Kirk, founder and CEO of Third Security. “We are excited to add OSF’s innovation and passion to our portfolio.”

Okanagan Specialty Fruits is focussing on expanding the availability of Arctic apples into new marketplaces and has introduced fresh apple slices into food service last fall.

The company says the apple slices require less preparation, produce less waste and deliver better taste, while also providing an extended shelf life.

Founded in 1996, Okanagan Specialty Fruits Inc. has been pursuing the use of biotechnology-directed fruit breeding.

To report a typo, email:
news@summerlandreview.com
.



news@summerlandreview.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Wally Oppal says policing ‘too important’ to be left to the police

Oppal keynote speaker at a Surrey Board of Trade “Hot Topic Dialogue” breakfast event this morning

Flip-flopping pleas in Surrey man’s 2018 murder in West Kelowna

Following an shocking guilty plea on Feb. 25, Tejwant Danjou applied to retract that plea on Feb. 26

Surrey skater speeds his way to four golds, a silver at BC Winter Games

‘I just really enjoy going fast on the ice,’ says Barnett Liu, 14

‘Urgent’ need for Metro Vancouver homeless count volunteers

Organizers say another 100 people are sought to help in Surrey and Burnaby

UPDATE: Surrey RCMP say missing 14-year-old has been found and is safe

Brayden Ritchat, 14, had been last seen in the 10800-block of 141st Street in Whalley on Feb. 21

Rail disruptions expected to continue after new protest sites emerge

Nationwide rail and road blockades have been popping up for weeks

B.C. man who pulled a gun on off-duty cop gets two years in prison

Encounter also lead police to a home where 100 guns and explosives were found

New Westminster woman’s ‘out of character’ disappearance probed by police

She left without telling anyone, prompting investigation by Major Crimes Unit, police say

EDITORIAL: Fraser Health needs to be transparent to fight coronavirus panic

Fraser Health and other authorities are not helping by being vague in recent communications

Riverdale actress Lili Reinhart rescues puppy from Langley shelter

American actress named her adopted pup Milo

How clean is your favourite local restaurant or café?

Online inspection reports allow consumers to find health hazard of all food facilities in region

Protecting privacy key to stopping spread of COVID-19, B.C. health officials say

The number of coronavirus cases in B.C. remains at seven

COLUMN: Forestry no longer close to top of B.C.’s economy

Our reactions to a forestry downturn reflect the past, not the present

Caught on camera: Police release video of man who allegedly stole seaplane in Vancouver

Police say the man broke into the Harbour Air terminal and then got into one of the seaplanes in the harbour

Most Read