Greenyard to divest its food logistics business in Portugal
date:Jan 08, 2020
Belgium-based fruit and vegetable canning company Greenyard has signed an agreement to divest its Greenyard Logistics Portugal business through a management buyout (MBO).

The company has not divulged the financial terms of the deal.

Greenyard co-CEO Hein Deprez said: Our relationship with Vitor Figueiredo and his management team has been very valuable. However, the synergies have diminished as Greenyard is further concentrating on its core business in other countries.

We will part ways with g
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