Fyffes buys majority share of Sol Group
Fyffes buys majority share of Sol Group
Fyffes plc, based in Dublin, Ireland, announced Jan. 2 that it had entered the U.S. winter melon business by investing in a number of independent companies. These include operations in Honduras and Guatemala, and the acquisition of 60 percent of Sol Group Marketing Co., based in Pompano Beach, FL.
In separate transactions, Fyffes has also invested in an 85,000-square-foot warehouse and cold storage facility where most of the imported fruit is distributed from, and has acquired the right to ship all the fruit imported by Sol Group Marketing from Honduras and Guatemala.
In separate transactions, Fyffes has also invested in an 85,000-square-foot warehouse and cold storage facility where most of the imported fruit is distributed from, and has acquired the right to ship all the fruit imported by Sol Group Marketing from Honduras and Guatemala.