Investment firms Pangea Africa and Black Star Africa have announced that they have jointly acquired a majority stake in Eden Tree, Ghana’s premier producer and distributor of fresh, packaged fruits and vegetables.

Founded in 1997, Eden Tree operates a processing facility in Tema and sources fresh produce through a network of outgrower farmers across Ghana. The acquisition provides a full secondary exit for impact fund manager I&P Afrique Entrepreneurs (IPAE), which held equity in the agribusiness since 2015.

The financial terms of the deal were not disclosed.

The transaction allows Eden Tree to scale its operations and deploy tech-driven infrastructure to address post-harvest losses, which claim up to 50 percent of fresh produce in West Africa due to supply chain failures and cold-chain bottlenecks.

“While global institutions debate policy at international summits, local private agribusinesses are taking direct, physical action to combat hunger,” said John Scicchitano, Strategic Advisor at Pangea Africa, in a statement. “By installing solar-powered cooling units near farms, expanding climate-smart drip irrigation, and organizing outgrower cooperatives, we will preserve nutrients from field to fork, directly driving down the cost of a healthy diet in Ghana.”

The founder Catherine Krobo Edusei will transition to Board Director and Founder Emeritus. Pangea Africa Director Tracy Boswell Scicchitano will join the Board of Directors, while Grant Webber, representing Black Star Africa, will step in as the incoming Chief Executive Officer.

Under the new ownership, Eden Tree plans to combine Black Star Africa’s turnaround execution with Pangea Africa’s strategic capital to build an integrated fresh food platform across West Africa.

“Catherine’s resilience, vision, and operational grit since 1997 have built a foundational asset that is ready for regional scale,” said incoming Board Director Tracy Boswell Scicchitano in a statement. “At Pangea, we believe that empowering local food systems requires active, hands-on equity stewardship. We are incredibly proud to continue Eden Tree’s history of strong women’s leadership at the governance level.”

Eden Tree will immediately focus on operational optimization, expanding its climate-smart drip irrigation systems, and deploying solar-powered cooling facilities near outgrower farm sites.

“The secondary exit of I&P Afrique Entrepreneurs Fund from Eden Tree represents a healthy, mature investment lifecycle in Ghana,” said Francis Owusu of I&P in a statement. “We leave Eden Tree in the exceptionally capable hands of Pangea and Black Star Africa, who have the strategic vision and local operational capacity to take this business to its ultimate potential.”