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Food

AgroFresh acquires competitor from Sumitomo Chemical

by Matt Blois
April 8, 2024 | A version of this story appeared in Volume 102, Issue 11

 

AgroFresh has acquired Pace International, a subsidiary of Sumitomo Chemical that makes edible fruit coatings and other products to prevent food spoilage. AgroFresh commercialized 1-methylcyclopropene, a molecule that slows fruit ripening, and now offers a range of products to prevent food waste. AgroFresh says it will also work with Sumitomo to develop new products.

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