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Announced

Mubadala Capital and e2p-backed Thrive Freeze Dry to acquire Paradiesfrucht.

Synopsis

Mubadala Capital and e2p-backed Thrive Freeze Dry, a freeze-dried products manufacturer, agreed to acquire Paradiesfrucht, a fruit and vegetable processing company. Financial terms were not disclosed. “We are excited to be joining the Thrive Freeze Dry’s portfolio of outstanding companies. Our expertise as a global freeze dryer will complement Thrive’s offerings and will allow us to offer more to our dedicated customers. We are excited about the numerous potential synergies and opportunities for growth that lie ahead for the company,” Bernd Wiesner, Paradiesfrucht CEO.

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