South Africa: Completion of Carlyle exit

AgroFresh Solutions Inc., a global agtech company specialising in post-harvest produce freshness and quality solutions, has announced the completion of its acquisition of Tessara. In July 2023, private equity firm Carlyle announced that it agreed to sell its majority stake in Tessara to AgroFresh.

South African based Tessara is a provider of intelligent packaging solutions for preserving fresh produce.

The transaction was completed following clearance by the South African competition authorities.

AgroFresh Solutions Inc. is a portfolio company of Paine Schwartz Partners, a global food chain investor.

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