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Agrofresh Acquires Tessara Expanding Post-Harvest Solutions Portfolio

PRIVATEJul 19, 2023

Acquiring Company

AgroFresh

Acquired Company

Tessara

PhiladelphiaSpainFood and BeverageAgriculture and Farming

Description

AgroFresh Solutions Inc., a global AgTech innovator and the leader in post-harvest produce freshness solutions, today announced the acquisition of Tessara, a post-harvest solutions provider, from global investment firm Carlyle, who acquired majority ownership of Tessara in 2018. The acquisition expands AgroFresh's footprint in food waste reduction and freshness solutions for table grapes and berries and bolsters the organization's impact in growing regions in South Africa, China, Australia, and South America.

Quick answer

AgroFresh is acquiring Tessara, announced July 19, 2023. AgroFresh is based in Philadelphia, Pennsylvania, United States.

How much did AgroFresh pay for Tessara?
The deal value was not disclosed.
What does AgroFresh do?
AgroFresh Solutions, Inc. is the pioneer and global leader in post-harvest solutions for fresh produce, offering a full suite of integrated products and services that enhance quality and extend the shelf-life of fresh..
Where are AgroFresh and Tessara based?
AgroFresh is based in Philadelphia, Pennsylvania, United States. Tessara is based in Spain.

Source: Fundz verified event record.

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Company Information

Company

AgroFresh

Location

Philadelphia, Pennsylvania, United States

About

AgroFresh Solutions, Inc. is the pioneer and global leader in post-harvest solutions for fresh produce, offering a full suite of integrated products and services that enhance quality and extend the shelf-life of fresh produce, thus reducing food loss and waste. As a portfolio company of Paine Schwartz Partners, a global leader in sustainable food chain investing, AgroFresh has been innovating for more than 40 years to address fresh produce supply chain challenges from all angles.

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Frequently asked

Who acquired Tessara?

Tessara was acquired by AgroFresh, based in Philadelphia. The deal was reported on July 19, 2023. AgroFresh Solutions, Inc. AgroFresh is privately held and operates in Food and Beverage.

When did AgroFresh acquire Tessara?

AgroFresh's acquisition of Tessara was reported on July 19, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tessara do?

Tessara is the company acquired in this transaction. It is privately held, and is based in Spain.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.