Friday, August 18, 2017

Juice: Israeli group closes deal to acquire LDC Unit in Florida associated press Content

Ribeirão Preto, 17-Prodalim group, Israeli company supplier of juices, concentrated drinks and mixes, entered into agreement to acquire the premises of Louis Dreyfus Company (LDC) in Winter Garden, Florida (USA). The value of the transaction, which still depends on the approval of us authorities, has not been released. The unit is one of two that the LDC has in American State and producing orange juice until they are closed and put up for sale by the company last year. The reason is the lack of supply of fruit in the region, hit severely by the greening. The production of Florida dropped from 210 million boxes (40.8 kilograms) of Orange for about 70 million boxes in a decade.
Second Prodalim release, the unit has storage tanks to 60000 tons of juice and will allow the sale and distribution for North American customers. "We are excited about the opportunity that the American market presents us with (...) and confident that Prodalim efficiency and client-centric approach, along with our broad portfolio, will enable us to grow rapidly, "said Tsahi Berezovsky, CEO of the Prodalim Group. "We see North America as most of our expansion plan over the next five years. Will be a great addition to our production facilities, research and development in Brazil, the Netherlands, Spain and Italy. "
In Brazil, the company is a member of Sweet Drop, Orange and lemon juices with headquarters in Duartina (SP). The Israeli Group also has commercial agreements with the Cisol processors, in Artur Nogueira (SP), and the Frucamp, in Catanduva (SP). In the statement, the company informs that expects to grow in the United States "fe organically and through our strategy to build and buy". He also said that Florida, still the largest Orange region of that country, "is a great place to start. "Many of our global customers have their bottling plants in this State," he added.
The Prodalim Group for 30 years produces, processes, develops, and distributes fruit juices and by-products. The group is the fourth largest supplier of concentrated orange juice all over the world, behind only the Cutrale, Citrosuco and the LDC. The Prodalim serves more than 250 customers in more than 50 countries.
Isto é - 17/08/2017
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