AgroFresh Solutions Acquires Pace International; Clint Lewis Comments
PHILADELPHIA, PA - The postharvest solutions space is heating up. AgroFresh Solutions recently announced its acquisition of Pace International, which includes Pace’s domestic and overseas operations.
“This acquisition enables us to take another important step toward our vision—to be regarded by customers as the post-harvest partner of choice. We are excited to bring the combined portfolios, technical expertise, and services of both companies to customers,” said Clint Lewis, Chief Executive Officer of AgroFresh. “Bringing together our two companies allows us to better address the complete needs of customers across a broad array of crops, markets, and at every step in the fresh supply chain, ultimately helping customers produce and deliver an abundant supply of quality fresh produce, sustainably.”
Pace International is known for manufacturing and supplying edible fruit coatings, fungicides, cleaners, and sanitizers, in addition to sustainable storage treatments and application equipment for fresh produce.
According to a press release, the acquisition of Pace bolsters AgroFresh’s presence in key fruit-growing regions in North and South America and further enables the company to support its global customers with quality and freshness solutions for high-value and highly perishable crops.
AgroFresh also noted that the addition of Pace better positions the company to address its customers’ needs through a full portfolio of products and capabilities.
We’ll keep you in the loop on all things produce, so stay tuned to ANUK.