RADFORD, VA; SUMMERLAND, BC - Acquisitions turn heads in this industry that is so big and yet so small. The most recent one to fly down the newswire is the acquisition of Okanagan Specialty Fruits (OSF) by TS Biotechnology Holdings, an affiliate of Third Security. The venture capital firm, which is led by Randal J. Kirk, has been heralded by Neal Carter, OSF’s Founder, as a supporter of the company’s non-browning Arctic® apples.

“R.J. Kirk is a powerful champion of our Arctic apples, and we are thrilled to continue our partnership with him at Third Security,” stated Carter. “Collaboration with Third Security will facilitate our continued success as we further expand into retail and foodservice, enhancing our ability to deliver more apples in more places.”

Since its introduction to the industry, the Arctic apple has been offering foodservice operators, retailers, and consumers alike a value-added apple product that delivers on quality and taste. The technology behind Arctic apples provides a sustainable solution that affords a better eating experience, benefiting everyone in the produce supply chain, a press release noted. OSF remains focused on expanding the availability of Arctic apples into new marketplaces.

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

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Okanagan Specialty Fruits