Added Resources Enable Producers to Take Advantage of Pre- and Post-Harvest Fruit Quality Solutions

PHILADELPHIA, Aug. 5, 2016 ― AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce freshness solutions, announces the opening of two new service centers and the addition of 50 seasonal workers worldwide to enable apple and pear growers to gain the fruit quality benefits of Harvista™ pre-harvest 1-Methylcyclopropene (1-MCP) technology and SmartFresh™ post-harvest 1-MCP technology.

The new centers, in Sparta, Michigan; and Bologna, Italy, expand the company’s in-field customer support presence. The company’s three existing service centers are in Yakima, Washington; Curico, Chile; and Lleida, Spain. The Wenatchee, Washington Technical Center, which is the hub for orchard research and development efforts, also supports service activities.

“Our service centers are logistical focal points for coordinating product supplies and application services,” said Edgardo Castaneda, Vice President of Operations for AgroFresh. “These two new locations will help us manage customer needs more effectively throughout the upcoming season.”

The additional in-field support will allow AgroFresh more flexibility to address critical application timing and to expand acreage reach for its Harvista and SmartFresh solutions.

“With a global strategy in place to grow the AgroFresh presence and to address the increased demand worldwide, we now have the necessary resources in place to enable our customers to gain the highest possible quality and value from their crops,” added Castaneda.

Harvista pre-harvest technology allows growers to pick fruit at peak quality for greater yield and value. SmartFresh technology applied post-harvest enables growers to protect fruit quality and value during storage, packing and shipping.

Earlier this year, AgroFresh announced the availability of a new fleet of tractor-pulled ground sprayers to facilitate the self-application of Harvista by growers in the US. This allows growers to optimize the performance of Harvista based on their individual harvest timing needs.
For maximum flexibility, AgroFresh also provides a full-service of timely custom ground applications. For customers in Washington, USA who prefer aerial application, Harvista may be applied to orchards by helicopter.

“By adding 48 ground sprayers to our global field operations, we have the ability to apply Harvista on up to 20,000 more acres. This means more growers can harvest apples with the color, crunch and taste that consumers prefer,” said Castaneda.

The new service centers, field support and customized ground sprayers are part of the AgroFresh high-touch service model customers have come to rely on to manage fruit quality through the supply channel and to maximize return on investment.

For more information, visit AgroFresh.com or contact your local AgroFresh representative.

About AgroFresh

AgroFresh is a global horticultural produce industry leader, providing a portfolio of innovative products and specialty services to maintain the freshness, quality and value of fresh produce and flowers. Its core products include SmartFresh™, the proven post-harvest freshness protection technology for produce; Harvista™, the advanced pre-harvest technology for apples and pears; and RipeLock™, the innovative post-harvest quality system for bananas; and LandSpring™, an innovative pre-planting transplant shock reduction application for tomatoes and peppers. AgroFresh currently operates commercially in more than 40 countries and employs more than 170 people worldwide. For more information, visit www.AgroFresh.com.

™Trademark of AgroFresh Inc. ©2016 AgroFresh Solutions, Inc. All rights reserved.

Forward-Looking Statements

In addition to historical information, this release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions (or the negative versions of such words or expressions). Forward-looking statements include, without limitation, information concerning the Company’s possible or assumed future results of operations, including all statements regarding financial guidance, anticipated future growth, business strategies, competitive position, industry environment, potential growth opportunities and the effects of regulation. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s management’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the risk of increased competition; the ability of the business to grow and manage growth profitably; costs related to the Business Combination and/or related to operating AgroFresh as a stand-alone public company; changes in applicable laws or regulations, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. Additional risks and uncertainties are identified and discussed in the Company’s filings with the SEC, which are available at the SEC’s website at www.sec.gov.

Download PDF