EQT Future to invest in SNFL and IFG, two innovators in fruit genetics
· EQT Future to make a significant minority investment in the combination of SNFL and IFG, two innovators in table grape and cherry breeding, with the ambition to form a company with an improved value proposition for growers, retailers and consumers
· SNFL and IFG develop improved fruit varieties (table grapes and cherries) through natural hybridization and other non-GMO processes. The enhanced genetics improve fruits’ agricultural yield, nutritional value, taste, crunchiness and shelf life
· In accordance with EQT Future’s impact-driven strategy, EQT will support the development of