Wheatsheaf (via TriStrata) Acquires 90% of Purfresh
February 7, 2019
Wheatsheaf Group Limited, through its wholly owned food-safety subsidiary TriStrata Group, has acquired a 90% stake in Purfresh, a provider of controlled-atmosphere systems and cloud-based cold-chain monitoring for refrigerated ocean shipping containers. The acquisition will provide funding to accelerate global rollout of Purfresh's Intellipur monitoring software and atmosphere technologies to reduce spoilage and improve food safety in perishable cargo shipments.
- Buyers
- Wheatsheaf Group Limited, TriStrata Group
- Targets
- Purfresh
- Industry
- Agriculture
- Location
- California, United States
- Transaction Type
- Buyout
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