Paine Schwartz Partners LLC made a 30% investment in the specialty new fruit licensing unit of fresh food company AM Fresh Group to form a table grape operating company.
The food- and agribusiness-focused investor will help the patented table grape development, licensing and commercialization platform advance its activities to improve the portfolios of its licensed growers and partners.
AM Fresh will retain a majority stake in the platform.
Merrill Lynch was financial adviser to AM Fresh.
