Acquiring Company
Del Monte Corp
Acquired Company
Avolio
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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- Foodiverse acquires Bonduelle's salad operations (April 1, 2025)
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- Taylor Farms acquires FarmWise's business (April 4, 2025)
- Nestle acquires remaining stake in Hsu Fu Chi (March 3, 2025)
- Post Holdings acquires Potato Products of Idaho (March 3, 2025)
- Grasslands Group acquires Prairie Berries Inc. (April 2, 2025)
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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.
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