UK fruit and vegetables importer Wealmoor has acquired Peruvian mango and frozen avocado supplier Sunshine for an undisclosed sum.
Wealmoor, which supplies major UK supermarket groups, has struck the deal in partnership with local Peruvian producer Limones Piuranos.
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It said the new ownership structure will accelerate Sunshine’s global aspirations.
Wealmoor chief executive Avnish Malde said: “We are an independent family business and eager to develop our relationship with Sunshine in partnership with Limones Puiranos.
“We have worked together for many years in providing the best quality mangoes to our customers and we are looking forward to strengthening and helping create linear and integrated relationships with Sunshine’s current and future global customer base.
“In addition to our mango operations in West Africa and grower partnerships worldwide, we are confident this deal offers further scope to really add further value to our customers’ agendas.”
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By GlobalDataJoaquin Balarezo, general manager of Sunshine, said: “We are very excited about the future of Sunshine with Wealmoor and Limones and this new ownership structure provides us with a platform to accelerate our global aspirations.
“We already have a great relationship with our worldwide customer base and it is our intention to increase our ground roots association with primary agriculture, which offers huge potential.
“We are confident this new deal will give us the ability to build on our reputation of being a high quality supplier and improve our innovation capability.”
Wealmoor, based in Stratford-upon-Avon, was established in 1973 and sources exotic fruit, speciality vegetables and ingredients.
Sunshine was founded in 1985 and now exports products to more than 15 countries on four continents.
