Ireland-based Total Produce has acquired 45% of US avocado grower and marketer Eco Farms.
The deal, struck for an undisclosed sum, was announced alongside Total Produce’s first-half results.
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Total Produce revealed it has “options to acquired further shares” in the Californian firm to give it a majority stake in the business.
Chairman Carl McCann said Total Produce’s “growth will continue to be driven by successful acquisitions”.
