MoFo Advises Agrofresh on Acquisition of Pace International

Morrison Foerster advised AgroFresh Solutions Inc. (“AgroFresh”), a Philadelphia-based provider of technologies and services, in its acquisition of Pace International, including its domestic and overseas operations ("Pace"). Pace is a respected global provider of sustainable post-harvest solutions, equipment and technical services.

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. Integrating the Pace business expands AgroFresh's post-harvest solutions to a broader portfolio of technology, services and digital solutions in both the organic and conventional produce categories.

The MoFo deal team advising AgroFresh was led by Boston corporate partner Leo Martin and New York corporate partners Omar Pringle, Mitchell Presser and Anthony Ramirez, together with corporate associates Vonnie Nam, JD Husband, and Eddy Zheng.

Read the press release.

MoFo’s industry-leading Food + Agriculture practice includes more than 150 lawyers and patent agents across the United States, Europe, Asia, and Latin America. We have helped shape the global food sector over the past two decades and represent leaders and innovators in the food, agriculture, foodtech, consumer and agtech industries, from disruptive new food startups to Fortune 50 companies and the lenders and investors that finance the industry. MoFo provides food and ag clients with holistic, innovative strategies that addresses their most pressing legal challenges and mission critical transactions in the areas of private equity, M&A, debt and equity financing (including early stage / growth), IP protection, commercial transactions, FDA regulatory compliance, product liability, false advertising, class actions, and IP litigation.