Agroberries, a leading, vertically integrated producer and marketer of berries, with a best-in-class portfolio of proprietary and exclusive berry genetic varieties, acquired a minority stake in BerryWorld’s EMEA and APAC businesses. The transaction will provide BerryWorld, a leading global marketer of berries and fresh cut fruit, with a solid foundation for growth with a diversified global footprint spanning across the entire value chain.
Agroberries, a leading, vertically integrated producer and marketer of berries, with a best-in-class portfolio of proprietary and exclusive berry genetic varieties, acquired a minority stake in BerryWorld’s EMEA and APAC businesses. The transaction will provide BerryWorld, a leading global marketer of berries and fresh cut fruit, with a solid foundation for growth with a diversified global footprint spanning across the entire value chain.
BerryWorld’s largest shareholder Argent, who supported the company’s growth since it was founded, has welcomed Agroberries’ investment and is excited about this next phase of growth.
Jorge Varela, Co-Founder and CEO of Agroberries, highlighted: “I’m excited about the possibilities arising from this investment; it will enhance our global reach and broaden our exposure across berry categories.”
Adam Olins, Founder and CEO of BerryWorld added: “Our respective organisations share common values, culture and a commitment to sustainability, and we are confident about the possibilities that Agroberries’ investment opens for our growers and customers, in a constantly evolving market environment”.
About BerryWorld
Founded in 1994, BerryWorld is one of the world’s largest berry suppliers, with an extensive and expanding global footprint. Its industry renowned management team focuses the business on meeting the evolving needs of local consumers across the 37 countries it supplies, supported by its vertically integrated operations.
BerryWorld is recognized for its world-leading breeding program, developing award-winning proprietary varieties, supported by a strong and innovative pipeline. This, coupled with its own growing and long-standing grower network, ensures year-round supply of all four major berries to service relentless demand.
The company’s proprietary data and insights expertise is unparalleled and relied upon by retailers to continually drive the category, whilst the company’s own-branded products offer retailers a premium differentiated offering. With operations not only in berries, but also in prepared fruit manufacturing, and supplying the non-retail sector with first-class quality fresh produce, the business’ activities truly stretch the entire supply chain, orientated around a unique consumer and market-led approach. www.berryworld.com
Contacts
BerryWorld: Charlotte Knowles – [email protected]
Agroberries: Catalina Vives – [email protected]
