M&A Deal Summary

Bloom Fresh Acquires IFG

On August 16, 2023, Bloom Fresh acquired agriculture company IFG

Acquisition Highlights
  • This is Bloom Fresh’s 1st transaction in the Agriculture sector.
  • This is Bloom Fresh’s 1st transaction in the United States.
  • This is Bloom Fresh’s 1st transaction in California.

M&A Deal Summary

Date 2023-08-16
Target IFG
Sector Agriculture
Buyer(s) Bloom Fresh
Deal Type Merger

Target

IFG

Bakersfield, California, United States
IFG is a global expert in table grape and cherry breeding. IFG is based in Bakersfield, California.

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Buyer(S) 1

Buyer

Bloom Fresh

London, United Kingdom

Category Company
Founded 1992
Sector Agriculture
DESCRIPTION

Bloom Fresh is a global platform in the development, licensing, and commercialization of patented Table Grape varieties, anchored in a best-in-class research and development innovation engine. Bloom Fresh's varieties have a track record of preference and demand by farmers, retailers and consumers globally, holding the top global position in licensed farming hectares. Bloom Fresh was founded in 1992 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Merger) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1