June 16, 2022 |
San Miguel, the largest lemon grower in Argentina, said Wednesday that it agreed to sell its units in Peru and South Africa to Spain's Citri&Co for an undisclosed amount.
The Famaillá, Tucumán-based company said the sale of San Miguel Fruits South Africa and San Miguel Fruits Perú will be done through two subsidiaries, according to a securities filing.
As part of the deal, Citri&Co will have exclusive rights to market San Miguel's lemons and other fresh fruits produced in Argentina and U
Argentine fruit company says it will focus on growing lemons after reaching a deal with Spain's Citri&Co