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Fresh Del Monte acquires majority stake in Avolio

PUBLIC · DMCMar 26, 2025

Acquiring Company

Del Monte Corp

Acquired Company

Avolio

Coral GablesKampalaFood and BeverageAgriculture and FarmingFood ProcessingFarming

Description

Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a leading avocado oil producer in Uganda. This acquisition supports Fresh Del Monte's strategy to expand into specialty ingredients. The deal enhances their sustainability efforts by leveraging avocado extraction technology. The companies aim to lead the market in high-quality avocado oil solutions.

Quick answer

Del Monte Corp is acquiring Avolio, announced March 26, 2025. Del Monte Corp is based in Coral Gables, Florida, United States.

How much did Del Monte Corp pay for Avolio?
The deal value was not disclosed.
What does Del Monte Corp do?
Fresh Del Monte Produce Inc. is one of the world’s leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and..
Where are Del Monte Corp and Avolio based?
Del Monte Corp is based in Coral Gables, Florida, United States. Avolio is based in Kampala, Central Region, Uganda.
Who are the decision-makers at Del Monte Corp?
Fundz holds 2 contacts at Del Monte Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Del Monte Corp

Location

241 Sevilla Avenue, 12th Floor

Coral Gables, Florida, United States

About

Fresh Del Monte Produce Inc. is one of the world’s leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa, and the Middle East.

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Frequently asked

Who acquired Avolio?

Avolio was acquired by Del Monte Corp, based in Coral Gables. The deal was reported on March 26, 2025. Fresh Del Monte Produce Inc. Del Monte Corp is publicly traded (DMC) and operates in Food and Beverage.

When did Del Monte Corp acquire Avolio?

Del Monte Corp's acquisition of Avolio was reported on March 26, 2025. Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a leading avocado oil producer in Uganda. This acquisition supports Fresh Del Monte's strategy to expand into specialty ingredients. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Avolio do?

Avolio is Uganda's leading supplier of bulk crude and edible avocado oil. The company utilizes innovative extraction technology to create value from avocados, reducing food waste. It is privately held, operating in Farming, and is based in Kampala.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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