“We are very excited to expand our vertical integration in our tomato product line with this acquisition in North America,” said Mohammad Abu-Ghazaleh, chairman and CEO with Fresh Del Monte Produce. “The acquisition of field-grown tomato assets in Florida and Virginia complements our state-of-the-art greenhouse operations in Costa Rica and Guatemala, gives us the opportunity to continue to expand our tomato and vegetable product offerings, and enables us to provide our customers with high quality, locally grown produce, strengthening our competitive position in the tomato industry.
“This acquisition is further proof of our commitment to our tomato category and expansion of our relationships with third party producers.”
Source: Fresh Del Monte Produce
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