AM FRESH Group Acquires International Fruit Genetics and Merges It with SNFL
August 16, 2023
AM FRESH Group has agreed to acquire International Fruit Genetics (IFG) and merge it with Special New Fruit Licensing (SNFL), creating an integrated table grape and cherry breeding platform. The combined business will be majority‑controlled by AM FRESH with significant minority investment from EQT Future and continued investment/reinvestment from Paine Schwartz Partners to accelerate R&D, broaden gene pools and scale varietal commercialization.
- Buyers
- AM FRESH Group, EQT Future, Paine Schwartz Partners
- Targets
- International Fruit Genetics (IFG), SNFL Group (Special New Fruit Licensing)
- Sellers
- Paine Schwartz Partners
- Industry
- Agriculture
- Location
- California, United States
- Transaction Type
- Buyout
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