AMFRESH Group, in partnership with EQT Future and Paine Schwartz Partners, proudly announces the successful acquisition of 100% of IFG, a global expert in table grape and cherry breeding. This milestone has catalyzed the merger with AMFRESH’s SNFL Group, an industry leader in table grape genetics, paving the way for the birth of a global breeding entity: Bloom Fresh International.
Alvaro Muñoz, AMFRESH's Chief Executive Officer, exclaims, "Today signifies a pivotal moment, uniting two global breeding forces. Our journey transforms competition into collaboration, uniting our stakeholders. Our goal remains steadfast: to serve our growers, retailers, and consumers with excellence, backed by an unwavering commitment to innovation and sustainability. Our goal at AMFRESH and BLOOM is to excite consumers worldwide with superior eating, tasting and nutritional produce that shall increase demand and market size for sustainably produced and improved natural fresh foods.”
As the newly appointed Chief Executive Officer of BLOOM, Kenneth Avery shares his enthusiasm for this journey, stating, "I am incredibly honored to step into this leadership role for BLOOM. The future is ripe with opportunity, and I am genuinely excited about the transformative impact we will have on the industry. Together, we will drive innovation as we cultivate a new era of flavors, nutritional benefits, and sustainable practices that resonate far beyond the farm."
BLOOM boasts a robust global footprint across 22 countries, exemplifying its commitment to driving global breeding innovation. The culmination of this transformation together with in-depth details of BLOOM’s global team structure and strategic priorities will be showcased at Fruit Attraction in Madrid, Spain this October, where BLOOM will unveil its revolutionary contributions to the world of fresh produce.
AMFRESH is the controlling shareholder of BLOOM, with a significant minority investment from EQT Future and continued investment from Paine Schwartz Partners.
Contact:
Patricia Sagarminaga
AMFRESH Group
BLOOM FRESH International
Tel: +34 669161941
patricia.sagarminaga@amfresh.com
www.amfresh.com