Boulevard Acquisition Corp. (Nasdaq: BLVD) is buying Dow Chemical Company’s (NYSE: DOW) AgroFresh unit for up to $860 million.  

AgroFresh provides chemicals that aim to enhance freshness and quality of produce to farmers and other groups. The company makes the SmartFresh Quality System, a product that aims to maintain firmness, texture and appearance of fruits during storage and transport. Through the deal, AgroFresh will become a stand-alone public company listed on the Nasdaq.

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