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ADQ-backed Unifrutti Group has acquired 100% of Chile-based fruit producer and exporter Verfrut, Unifrutti said in a statement, without disclosing the value of the transaction.
What they said: The acquisition allows Unifrutti to become “a major fruit company in Chile,” as well as expanding its footprint into Peru, and builds on Unifrutti’s goal of “building a globally diversified premium fruit platform,” the statement notes.
About Unifrutti: Established in Eritrea in 1948, Unifrutti currently has a footprint in 50 countries across four continents, producing and distributing more than 100 fresh fruit products. ADQ acquired a majority equity stake in the company in 2022, as the fund looked to expand its food and agriculture portfolio.
About Verfrut: Verfrut is currently one of Chile and Peru’s largest fruit producers, after nearly 30 years in the business. The company was founded in 1966 in Chile.
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