AgroFresh Reaches Patent Infringement Settlement with Decco Post-Harvest, Inc. and its Parent Company, UPL Limited
March 29 2021 - 8:00AM
AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in
produce freshness solutions, today announced the Company has
reached a settlement in its ongoing litigation against Decco
Post-Harvest, Inc. and Decco’s parent company, UPL Limited.
The terms of the settlement agreement, pursuant
to which all outstanding litigation between the parties is now
settled, are confidential.
“AgroFresh transformed the post-harvest industry
more than 20 years ago with the development and commercialization
of SmartFresh™ Quality System 1-MCP technology. Our consistent
commitment to research and development continues to drive
innovation for the industry, which is the backbone of our
organization. We are pleased to settle this matter as we shift our
focus to the future,” said Jordi Ferre, AgroFresh CEO.
About AgroFreshAgroFresh
(Nasdaq: AGFS) is an AgTech innovator and global leader with a
mission to prevent food loss/waste and conserve the planet’s
resources by providing a range of science-based solutions,
data-driven digital technologies and high-touch customer services.
AgroFresh supports growers, packers and retailers with solutions
across the food supply chain to enhance the quality and extend the
shelf life of fresh produce. The AgroFresh organization has 40
years of post-harvest experience across a broad range of crops,
including revolutionizing the apple industry with the SmartFresh™
Quality System for more than 20 years. This is powered by a
comprehensive portfolio that includes plant-based coatings,
equipment and proprietary solutions that help improve the freshness
supply chain from harvest to the home. Visit agrofresh.com to learn
more.
Contact:
For AgroFresh Solutions, Inc.ICR Inc.
Jeff Sonnek - Investor
RelationsJeff.Sonnek@icrinc.com646-277-1263
Cory Ziskind – Media
RelationsCory.Ziskind@icrinc.com646-277-1232
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