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Unifrutti acquires fresh produce grower and exporter Verfrut

Global fresh fruit producer and distributor Unifrutti Group has acquired Verfrut, a fresh produce grower and exporter with operations in South America. Established in 1996, Verfrut is present in Chile and Peru, where it operates more than 7,500 hectares of fully integrated farming and processing facilities. Verfrut grows a variety of crops including grapes, cherries, apples and blueberries. It claims to be the largest exporter of grapes in Peru, with a commercial and distribution network in the US, Europe, South America and China. Unifrutti says the acquisition will help it expand its integrated and sustainable global multi-fruit platform, with the deal strategically extending Unifrutti's reach into Peru, a key hub in the fresh produce sector. The move aligns with Unifrutti's objective to meet the increasing global demand for premium high-quality fruits, providing consumers with access to a wider range of premium produce with consistent, secure and diversified supply. Mohamed Elsarky, group CEO of Unifrutti, said: "Our acquisition of Verfrut is a strategic milestone, propelling Unifrutti's growth and reinforcing our commitment to excellence and innovation. This expansion not only enhances our current operations but also paves the way for future growth, as we aim to become the preeminent and most sustainably driven global multi-fruit company, setting new standards in the industry.” Romano Vercellino, founder and president of Verfrut, commented: "We are making an excellent decision with this transaction. Verfrut is our life. After many years of hard work together with our great team, we are confident that Unifrutti will maintain our values that have guided us since the establishment of Verfrut. We look forward to the next stage of our successful journey." Once the deal is completed, Unifrutti will maintain Verfrut's global operations. Completion of the acquisition is subject to the satisfaction of closing conditions including regulatory approvals.

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