Announced
Financials
Sources
Tags
Acquisition
Majority
Pending
Public
Tender Offer
Private Equity
food supply
Domestic
Friendly
Single Bidder
Food Products
data-driven solutions
United States
Synopsis
Paine Schwartz Partners, a private equity firm, agreed to acquire AgroFresh, an AgTech innovator, for $159m. “We know AgroFresh well and think highly of its solutions and technologies that enhance the quality and extend the shelf life of fresh produce for the benefit of the food supply chain and resource conservation. As a private company with additional support from Paine Schwartz, AgroFresh will have access to the financial resources it needs to invest further in R&D and expansion efforts, while enabling the Company to address its capital structure. We are pleased to continue our partnership with AgroFresh and look forward to supporting the Company's long-term growth and success,” Kevin Schwartz, Paine Schwartz CEO.
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