AgroFresh Solutions, Inc. provides science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. The company operates through two segments, AgroFresh Core and Tecnidex. It offers solutions in various fresh produce categories, including apples, pears, citrus, kiwifruit, avocados, bananas, and other crops. The company supports growers, packers, and retailers to enhance produce freshness and quality while reducing waste. Its flagship product is the SmartFresh system that regulates the post-harvest ripening effects of ethylene to preserve the texture, firmness, taste, and appearance of produce during storage, transportation, and retail display. It also provides Harvista technology for use in near-harvest management of pome fruit, blueberries, and cherries; FreshCloud, a digital technology service platform of produce monitoring and screening solutions; LandSpring, a 1-MCP technology targeted to transplanted vegetable seedlings; and RipeLock, a packaging technology solution for fruits and vegetables. In addition, the company offers fungicides, disinfectants, coatings, and packinghouse equipment for the citrus market. It operates in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. AgroFresh Solutions, Inc. is headquartered in Philadelphia, Pennsylvania.
IPO Year: 2014
Exchange: NASDAQ
Website: agrofresh.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/10/2022 | Buy → Neutral | ROTH Capital |
NEW YORK, NY / ACCESSWIRE / November 23, 2022 / Lifshitz Law PLLC:Imara Inc. (NASDAQ:IMRA)Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of IMRA and Enliven Therapeutics, Inc.If you are an IMRA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or email at [email protected] Solutions, Inc. (NASDAQ:AGFS)Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of AGFS to Paine Schwartz Partners for $3.00 per share in cash.If you a
PHILADELPHIA, Nov. 22, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS) ("AgroFresh" or the "Company") today confirmed that the Company entered into a definitive merger agreement with investment funds affiliated with Paine Schwartz Partners ("Paine Schwartz"), a global leader in sustainable food chain investing, pursuant to which such funds will acquire all of the outstanding common stock of the Company ("Common Stock") for $3.00 per share in cash. This represents a 91% premium over the Company's share price at market close on October 26, 2022, an 88% premium over the Company's unaffected 60-day volume-weighted average price ("VWAP") as of October 26, 2022, and a 33% premiu
PHILADELPHIA, Nov. 10, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS) ("AgroFresh" or the "Company"), the global leader in post-harvest freshness solutions, and Ceradis Crop Protection B.V., a global developer of environmentally friendly crop protection products, today announced they have entered into an exclusive license and distribution agreement to bring CeraFruta®, a new organic bio-solution that fights fungal decay, to the post-harvest space. The agreement between the two companies will launch in the U.S., leveraging AgroFresh's experience working with customers on innovative solutions that reduce food loss and promote sustainable agriculture. "AgroFresh is commit
Third quarter 2022 net sales were $47.8 million, a decrease of 2.9% (or an increase of 3.1% on a constant currency basis) versus the prior year period; net sales increased 3.0% (or 8.1% on a constant currency basis) for the nine months ended September 30, 2022 versus the prior year period.Diversification revenue (all other product categories excluding SmartFresh™ for apples) grew 12.7% for the trailing twelve month period ended September 30, 2022 versus the twelve months ended September 30, 2021, and represented 44.5% of consolidated revenues during the twelve months ended September 30, 2022. Net loss of $4.6 million for the third quarter of 2022, as compared to net income of $0.8 million fo
PHILADELPHIA, Oct. 26, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global AgTech innovator providing a range of solutions, digital technologies and services to enhance the quality and extend the shelf life of fresh produce, today announced that it will release third quarter results after the market closes on Wednesday, November 9, 2022, followed by a conference call at 4:30 p.m. ET to discuss the results. Conference Call The Company will host a conference call and webcast on Wednesday, November 9, 2022, at 4:30 p.m. ET where members of the executive management team will discuss third quarter results with additional comments and details. The conference call and su
PHILADELPHIA, Sept. 21, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS) ("AgroFresh" or the "Company") today announced their participation in Fruit Attraction in Madrid Oct. 4-6 at booth 3C12. Organized by IFEMA MADRID and FEPEX, Fruit Attraction is one of the main international trade shows bringing together the fruit and vegetable industry. As a global AgTech innovator and the leader in the fresh produce post-harvest segment, AgroFresh representatives will showcase a full range of freshness solutions and digital technologies that enhance the quality and help extend the shelf life of fresh fruits and vegetables. "We look forward to meeting again with our industry collea
PHILADELPHIA, Sept. 07, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global AgTech innovator providing a range of solutions, digital technologies and services to enhance the quality and extend the shelf life of fresh produce, today announced that it will be participating in three investor conferences in September. H.C. Wainwright Annual Global Investment Conference - New York, NY, September 12-13: Clint Lewis, CEO, and Graham Miao, CFO, will host a presentation starting at 3:00 pm ET on Tuesday, September 13, and participate in one-on-one investor meetings. Interested parties are encouraged to contact their H.C. Wainwright salesperson for meeting availability. The
Second quarter 2022 net sales were $25.8 million, an increase of 17.5% (or 23.9% on a constant currency basis) versus the prior year period; first half 2022 net sales increased 7.8% (or 12.1% on a constant currency basis) versus the prior year period.Diversification revenue (all other product categories excluding SmartFresh™ for apples) grew 12.0% for the trailing twelve month period ended June 30, 2022 versus the twelve months ended June 30, 2021, and represented 44.1% of consolidated revenues during this period.Net loss of $18.4 million for the second quarter of 2022, as compared to net loss of $17.3 million for the second quarter of 2021. First half 2022 net loss of $21.5 million versus a
PHILADELPHIA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS) ("AgroFresh" or the "Company") today announced the launch of VitaFresh™ Botanicals Life Select, an organic plant-based coating to keep produce fresh longer and reduce food loss and waste. Developed from the carnauba tree palm leaf, the new VitaFresh Botanicals Life Select formulation has received organic certification from CAAE, a leading international certifier. AgroFresh is a global agtech innovator and the leader in the fresh produce post-harvest segment, providing a full range of freshness solutions and digital technologies that enhance the quality and extend the shelf life of fresh fruits and vege
PHILADELPHIA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global AgTech innovator providing a range of solutions, digital technologies and services to enhance the quality and extend the shelf life of fresh produce, announced today that Clinton Lewis, Jr., Chief Executive Officer, and Graham Miao, Chief Financial Officer, will host a presentation and meet with investors at the Canaccord Genuity 42nd Annual Growth Conference on August 10-11, 2022. Interested parties are encouraged to contact their Canaccord Genuity salesperson for meeting availability. The Company will host a presentation on Wednesday, August 10, 2022 at 10:30 am ET. The presentation and rel
ROTH Capital downgraded AgroFresh Solutions from Buy to Neutral