Frutura buys Uruguay fruit supplier

Frutura buys Uruguay fruit supplier

Corporate & Sovereign Strategy M&A Commerce Latin America United States Uruguay Peru

US fruit seller Frutura said it has signed an agreement to buy Citrícola Salteña, an Uruguay-based supplier of citrus fruits and juices also known as Caputto, in its second acquisition in Latin America. Frutura, based in Reedly, California, plans to "selectively infuse capital" into the new division, expand the product offering and improve process efficiencies, Frutura CEO David Krause said in a statement. "We expect that each of these moves will be meaningful for Frutura Uruguay's growth," he s

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