Facility enhances Fresh Del Monte’s year-round supply of avocados and limes to North America and Europe
Fresh Del Monte Produce has announced a new joint venture with Managro Group, a Colombia‑based agricultural company and leading exporter of limes and avocados.
The strategic partnership includes a shared investment to expand an avocado and lime packing house in Colombia, further strengthening Fresh Del Monte’s supply chain capabilities and broadening its presence in two high-growth categories: avocados and limes.
The facility will service Fresh Del Monte’s North American and European markets, enhancing the company’s ability to deliver consistent, high-quality avocados and limes year-round.
Fresh Del Monte Produce said Colombia’s favorable growing conditions and reliable sourcing potential support the company’s long-term strategy in both lines, while also solidifying its commitment to diversifying its sourcing and expanding its presence in Colombia.
“This joint venture is a bold step in advancing our long-term ambition: to lead in the most dynamic, high-growth categories in fresh produce,” said Danny Dumas, Fresh Del Monte senior vice president of sales, marketing, and product management for North America.
“Through our partnership with Managro in Colombia, we’re enhancing our vertical integration, expanding our global footprint, and reinforcing our position as a trusted, year-round supplier of premium avocados and limes.”
According to data from Fact.MR, shared by Fresh Del Monte Produce, the global lime market is projected to grow from US$48bn in 2024 to US$62bn by 2034, at a compound annual growth rate (CAGR) of 2.5 per cent. The global avocado market is expected to expand from approximately US$19bn in 2024 to about US$34bn by 2034, reflecting a robust 5.9 per cent CAGR.
