Paine Schwartz invests in SNFL
Summary
Paine Schwartz Partners has made a 30 percent investment into SNFL, a table grape operating company. The newly established partnership with – and investment from – Paine Schwartz will accelerate SNFL’s activities in varietal breeding, development and registration, benefiting licensed growers and partners with stronger alternatives and improved portfolios. AM FRESH and Paine Schwartz have a focus on end consumers, aiming at delivering innovation, quality and availability consistently and continuously, inspiring healthy food choices with optimized produce portfolios and improved production. Alvaro Muñoz, Chief Executive Officer of AM FRESH, highlighted, “We are very proud of the success achieved by SNFL in its first 25 years and believe that through a strategic partnership with a leading agribusiness investment company, our growth strategy and vertical integration vision will gain greater momentum. Equipped with over 85 years of expertise, AM FRESH Group is privately held, present in over 50 countries with 5.700 employees with a passion and commitment to innovation, it operates as an end-to-end vertically integrated model to serve the top retailers worldwide.