Fruit heavyweight Unifrutti has acquired Peruvian peer Bomarea and the local operations of AvoAmerica for undisclosed sums.
Unifrutti has snapped up Bomarea and AvoAmerica Peru from the US-based agribusiness investment company Solum Partners and the fresh fruit and vegetables company Alpine Fresh, also based in the US.
Bomarea specialises in blueberry production while AvoAmerica Peru focuses on avocados.
The companies together own around 2,000 hectares of blueberry and avocado plantations.
Unifrutti said the transactions add “premium blueberries and avocados” to its portfolio, as well as increase its access to markets including the US and China.
The deals come less than two months after Unifrutti bought Verfrut, a Chile-based fruit supplier and exporter.
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Unifrutti CEO Mohamed Elsarky said: “The incorporation of Bomarea and AvoAmerica Peru into Unifrutti not only broadens our product range but also enhances our customer service excellence.
“With blueberries and avocados being among the most desired and rapidly expanding superfruits, the addition of these companies to our portfolio perfectly aligns with our pledge to grow and supply superior-quality fruits to our customers worldwide.
“Including Verfrut, these three acquisitions mark the initial phase of our
ambitious plans to become a leading sustainable multi-fruit company globally.”
Unifrutti, which can trace its roots back to 1948, produces, markets and distributes fresh fruit. It has more than 14,000 hectares of land in Chile, Italy, the Philippines and South Africa and employs more than 11,000 people.
It posted a 2% increase in turnover to $720m in 2021, the most recent figure available.
