Arctic Apples firm to be acquired by AquaBounty owner Intrexon Corp

By Elaine Watson

- Last updated on GMT

Arctic Apples firm to be acquired by Intrexon Corporation

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Okanagan Specialty Fruits – the company behind the non-browning ‘Arctic Apple’ – is to be acquired by Intrexon Corporation, which also owns a majority stake in GE salmon firm AquaBounty Technologies. 

Under the deal, which is expected to close in the first half of 2015, Okanagan’s stockholders will receive $31m in Intrexon common stock and $10m in upfront cash.   
 
Intrexon is a leader in synthetic biology focused on collaborating with companies in the health, food, energy, environment, and consumer sectors.

Click on the link below to read our recent interview with Arctic Apple creator Neal Carter, who will stay on at Intrexon after the deal closes.

Arctic Apples creator Neal Carter: We really think this will be a game changer

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