AgroFresh Solutions, Inc. agreed to acquire Tessara (Pty) LTD from The Carlyle Group Inc. (NasdaqGS : CG) on July 19, 2023. The transaction remains subject to clearance by the South Africa competition authorities. Reinier Henneman, Tjard Westbroek, Marcus Prozesky and Nuno Cruz of Rabobank advised Carlyle as the exclusive financial advisors on the transaction. Omar Pringle and Mitchell Presse of Morrison & Foerster acted as legal advisors to AgroFresh Solutions, Inc. Bowman Gilfillan, Inc. acted as legal advisor to AgroFresh Solutions, Inc.

AgroFresh Solutions, Inc. completed the acquisition of Tessara (Pty) LTD from The Carlyle Group Inc. (NasdaqGS : CG) on September 19, 2023. The transaction received the approval from South African competition authorities.