Proteku Europa S.L.

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Proteku Europa S.L. - overview

Established

2013

Location

Alicante, -, Spain

Primary Industry

Food

About

Based in Spain, Proteku Europa S. L. specializes in advanced preservation solutions for table grapes, focusing on innovative sulfur dioxide generators that combat fungal threats during storage and transport. Founded in 2013 in Alicante, Spain, Proteku Europa S.


L. develops technology aimed at extending the shelf life of table grapes. The company has maintained a consistent focus on its core business strategy without pivots. It has completed one deal as of November 23, 2024, when it was fully acquired by AgroFresh Solutions, Inc.


, a portfolio company of Rabo Investments, Norinchukin Bank, and Paine Schwartz Partners. Proteku Europa S. L. specializes in advanced solutions for the preservation and maintenance of table grapes, primarily through its flagship product, sulfur dioxide (SO2) generators.


These generators effectively control the development of Botrytis Cinerea, a significant fungal threat to grape quality during storage and transport. By releasing sulfur dioxide, a colorless gas known for its antioxidant and antimicrobial properties, Proteku's products help prevent decay and stem browning, thereby extending the shelf life of grapes without compromising their quality. The company serves a diverse client base, including producers and exporters of table grapes in various global markets such as Europe and Africa, focusing on regions facing challenges related to climate change and seasonality in grape production. Additionally, Proteku offers tailored solutions, including customized formats and specific dosing options, to meet the unique needs of its clients.


Revenue generation for Proteku Europa S. L. is primarily derived from direct sales of its sulfur dioxide generators and related packaging products to B2B clients, including agricultural producers and exporters of table grapes. The company operates on a transactional structure where clients place orders based on their specific preservation requirements, often leading to ongoing partnerships that facilitate regular supply.


These transactions typically involve bulk orders, ensuring consistent quality during transport and storage. While specific pricing plans are not detailed, the company’s high-quality solutions emphasize value through advanced technological input and tailored product offerings, complemented by expert technical support to maximize the shelf life of grapes, thus fostering long-term client relationships. Following its acquisition by AgroFresh Solutions, Inc. on November 23, 2024, Proteku Europa S.


L. aims to leverage new resources to enhance its product offerings and expand into new markets. Future initiatives include the design of innovative products tailored to evolving customer needs, targeting expansion into regions with growing grape production, particularly in South America and Asia, by 2026. The recent acquisition provides financial and strategic support for these growth initiatives, allowing Proteku to strengthen its market presence and enhance its technology-driven solutions.


Current Investors

AgroFresh Solutions, Inc.

Primary Industry

Food

Sub Industries

Canned/Frozen Fruit & Vegetables

Website

www.protekueuropa.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Proteku Europa S.L. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedProteku Europa S.L.-

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