AgroFresh Solutions, a global AgTech innovator specializing in post-harvest produce freshness, has announced the acquisition of Tessara, a post-harvest solutions provider, from Carlyle, a global investment firm. The acquisition aims to bolster AgroFresh’s presence in food waste reduction and freshness solutions for table grapes and berries, expanding its impact in growing regions across South Africa, China, Australia, and South America.
The CEO of AgroFresh, Clinton Lewis, expressed excitement about the opportunities arising from the acquisition, emphasizing the shared commitment of both companies to science-based solutions in advancing produce freshness worldwide. Tessara, established in South Africa in 1988, has become a leading provider of SO2 solutions for table grapes, berries, and flowers, protecting billions of dollars worth of fresh produce annually in over 30 countries.
Opinion: The acquisition of Tessara by AgroFresh showcases a strategic move to enhance their post-harvest technology capabilities and expand their global market reach. By combining their networks and innovative resources, AgroFresh aims to strengthen its position as a market leader in the post-harvest AgTech space. This acquisition aligns with AgroFresh’s mission to offer comprehensive freshness solutions and drive sustainability in the produce industry.
