Harrison Co., an investment banking firm that focuses on advising consumer, agriculture, and ag-tech companies, today announced it advised Hazel Technologies (“Hazel” or the “Company”), a globally recognized innovator in post-harvest freshness preservation technology, on its sale to TransFRESH Corporation, a premier subsidiary of Chiquita Holdings Limited. The transaction integrates Hazel’s proprietary Breatheway® technology and scientific expertise into the TransFRESH organization, strengthening TransFRESH’s position as a leader in advanced freshness and shelf-life solutions for the global fresh produce supply chain.

The acquisition represents a significant investment in next-generation post-harvest technology, with an immediate focus on enhancing TransFRESH’s Tectrol® pallet bag capabilities for the berry industry. By incorporating Hazel’s advanced modified atmosphere packaging (MAP) solutions into its operations, TransFRESH will further optimize atmospheric control within pallet packaging to improve freshness, reduce waste, and support supply chain efficiency.

The integration of Hazel’s Breatheway® system will deliver several key benefits to berry producers, shippers, and retailers, including:

Enhanced Shelf Life and Product Quality: Proprietary membrane technology precisely regulates oxygen and carbon dioxide levels within packaging, helping maintain product integrity, extend freshness, and reduce food waste through storage and distribution.
Precision Atmosphere Control: The system enables highly controlled atmospheric management tailored to the respiration characteristics of fresh produce.
Temperature-Responsive Performance: The Breatheway® membrane dynamically adjusts package breathability as temperatures fluctuate in transit and storage, helping preserve consistent quality under varying logistical conditions.
Improved Supply Chain Consistency: Through thermo-responsive smart membrane technology, the system adapts in real time to environmental changes, supporting longer-lasting freshness and improved operational reliability across the supply chain.

While TransFRESH’s immediate operational priority is optimizing these technologies within the berry sector, Hazel also brings established solutions designed for bananas and other tropical fruits, with technology particularly well suited for long-term banana storage and ripening management. This creates meaningful strategic synergies for the broader Chiquita Holdings Limited organization, providing immediate access to proven freshness technologies that may support optimization initiatives across its global tropical fruit supply chain.

For more information, visit the link below:
https://www.prnewswire.com/news-releases/transfresh-corporation-acquires-hazel-technologies-to-advance-industry-leading-freshness-solutions-for-the-berry-sector-302783580.html

Contact

• Sean Deson
• Partner
• sdeson@harrisonco.com
• 917-971-6114