Arctic apple company sold

Okanagan Tree Fruits Ltd. of Summerland , B.C., has been sold to TS Biotechnology Holdings LLC.

The company grows and markets Arctic apple varieties which are genetically modified so they don’t brown when sliced.

TS Biotechnology is an affiliate of Third Security LLC, a venture capital firm led by Randal Kirk, who is chief executive officer and chairman of Intrexon.

Intrexon owned Okanagan Specialty Fruit.

OSF sells sliced and whole Arctic Granny Smiths and Arctic Golden Delicious. It also markets Apbits, dried apple snacks. The company has received approval to market Arctic Fujis as well.