Business
Fresh Del Monte Acquires Majority Stake in Avolio, an Avocado Oil Producer, to Further Its Commitment to Specialty Ingredients
CORAL GABLES, Fla., March 26, 2025--Fresh Del Monte Produce Inc., (NYSE: FDP) one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announces its acquisition of Avolio, Uganda's leading supplier of bulk crude and edible avocado oil. As part of this deal, the company will acquire a majority stake in Avolio, in line with its initiative to expand into high-value specialty ingredients.
About this update from Fresh Del Monte Produce, Inc.
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