AgroFresh Joins Industry Leaders as Corporate Member of New Food + Agriculture Tech Accelerator, Terra
February 06 2017 - 4:15PM
Business Wire
Terra brings together start-ups and progressive
corporations to fuel cross-industry innovation in food and
agriculture
AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in
produce freshness solutions, today announced that it had joined
Terra as a corporate member. Terra is a unique program with the
goal of bringing together the food and agriculture industry’s most
disruptive startups and progressive corporations to work
hand-in-hand to fuel cross-industry innovation and
transformation.
Jordi Ferre, Chief Executive Officer of AgroFresh, said, “I am
delighted AgroFresh will be participating in this exciting new
accelerator for the agriculture industry. Terra provides us with an
opportunity to collaborate with disruptive agricultural startups on
real-life product testing and go-to-market solutions, which we
believe will enhance our development of new technologies in our
existing and adjacent markets.”
Terra is the creation of Rabobank’s Food & Agribusiness
Research and Advisory (FAR) group and RocketSpace. Terra was
designed to address a powerful industry shift – the emerging growth
of food & agriculture startups – while simultaneously leaving
behind the traditional accelerator model and enabling open
innovation between corporations and startups.
Terra provides early-stage companies access to state-of-the-art
facilities and office space, experienced startup management, and
scientific and technical expertise and support. Its unique model
also connects startups with corporate partners in a dedicated
product validation program. AgroFresh joins other leading companies
from the global food and agricultural sector in the inaugural
cohort of corporate partners.
Ferre continued, “Membership in Terra provides AgroFresh with
another prospective growth avenue through active involvement in the
selection of startups, product validation and evaluation of new
investment opportunities. With applications from over 500
start-ups, we believe Terra is already off to a terrific
start.”
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS) 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; 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.
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
anticipated advantages of the Company’s Terra membership, the
Company’s possible or assumed future results of operations,
including all statements regarding anticipated future growth,
adoption of the Company’s products, 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; 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170206005811/en/
AgroFresh Solutions, Inc.Investor RelationsKatherine Harper,
1-267-317-9025Kharper@AgroFresh.com
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