AgroFresh Solutions Inc., a global leader in AgTech innovation specializing in post-harvest solutions to extend the quality of fresh produce, announces that the acquisition of Tessara has been completed. Headquartered in South Africa, Tessara is an industry-leading provider of intelligent packaging solutions, specializing in SO2-generating films.2, to prevent diseases affecting table grapes, blueberries and flowers. The acquisition of Tessara is an exciting new chapter for AgroFresh, as it allows them to advance their mission to reduce food loss and waste across the entire produce supply chain by providing an extensive range of scientifically proven solutions, digital technologies and services for a wide range of crops. The transaction has been completed following clearance from the South African competition authorities.
The acquisition of Tessara complements AgroFresh’s post-harvest capabilities to help maintain fruit freshness and reduce food waste by adding solutions for key crops such as table grapes and blueberries, thereby significantly enhancing its presence across all fruit-producing regions, including South Africa, China, Australia and South America.
“Both AgroFresh and Tessara aim to continue to bring value to our customers around the world,” said Clint Lewis, CEO of AgroFresh. “We share a vision of being a global leader in providing post-harvest solutions for the produce industry. And what does global leadership really mean? It means more crop varieties getting the benefits of a solution that helps improve their freshness and quality, and that really supports farmers and growers.”
Founded in 1985 in Cape Town, South Africa, Tessara’s solutions and innovations have grown to protect more than $3 billion worth of fresh produce annually in over 30 countries.
«Over the past few decades, Tessara has become a global leader in providing OS solutions2“We are committed to providing a range of innovative and innovative products for the prevention of rot in high-value crops,” says Jaco Smit, CEO of Tessara. “Being part of AgroFresh gives us access to resources to support our ongoing research and development, production facilities around the world and, most importantly, a global presence. Combining our product range with that of AgroFresh will make us a significant force in the field of post-harvest technologies worldwide.”
This acquisition enables AgroFresh and Tessara to offer more solutions, for a wider variety of crops and in more regions, reducing food waste and, consequently, leading to a more sustainable and abundant supply of fresh produce around the world.
