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Frutura was the only bidder to take over Citrícola. The Uruguayan firm was in the red for approximately US$ 50 million and its main creditor was Banco República (BROU), with US$ 20 million.
Frutura Produce has expanded its presence in Latin America by acquiring Colombia-based avocado business Montana Fruits. Reedley, California-headquartered Frutura said in a statement the ...
Frutura also has a majority stake – acquired in 2021 – in the Peru-based fruit company Agricola Don Ricardo, which supplies grapes, mandarins, avocados and blueberries.
Frutura, the global sales and marketing network designed to supply international customers with high-quality fruit 365 days a year, has signed a licensing agreement with The Coca-Cola Company.