date:Oct 25, 2021
Chilean fresh and frozen berry firm Hortifrut, has reached an agreement to acquire 100% of Atlantic Blue, a leading company in variety development, growing and sales of berries in Europe and Northern Africa, in a 241 million deal.
Hortifrut has maintained a partnership with Atlantic Blue, based in Huelva, Spain, since the year 2000.
The acquisition will allow Hortifrut to increase its growing area by about 20%, adding roughly 850 hectares across the three countries where Atlantic Blue operates