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Demand for Egyptian citrus has seen a surge to the UK market post-Brexit, but competition from EU suppliers is a resurgent threat
US$285mn bid secures group large part of bankrupt Del Monte Foods Corporation II, including assets in US, Mexico, and Venezuela
New range features trio of products that encourage shoppers to make more use of flavour-rich exotic fruits and spices
Key exports through the Peruvian port include include avocados, grapes, blueberries, mandarins and mangoes
Company also plans to open new facilities in northern Spain and Seville shortly, as it pursues long-term expansion plan
The deal brings the fund’s total horticultural land holdings to 1,100ha
Volumes hit almost 1.6mn tonnes, but producers face growing pressure as margins tighten
More balanced supply and high international prices augur well for the sector