Nuvi Group has exported numerous product lines to its African clients for over 10 years, specialising in this emerging market. Nuvi Group has strong operational infrastructure for fruit production in Portugal, Brazil and Costa Rica, and distributes these products via another Nuvi Group company, Luis Vicente SA.
The agreement grants Nuvi Fruits the opportunity to develop several nutraDRIED puree, powder and snack products from eight fruit categories, which include bananas, mangos, pineapples, strawberries, apples, peaches, pomegranate and pears using the company’s Radiant Energy Vacuum technology.
If the collaboration is successful, Nuvi Fruits has the option to exclusively license each product area for production in Portugal and Spain, and the ability to distribute those products via its extensive export infrastructure on a global basis.
All other terms of the agreement are confidential.
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