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1 MIN READ

Belgium: Fruit and vegetable firm Agram acquired by Crop’s

October 18, 2017
-
Europe, Food, Mergers & Acquisitions

Crop’s, a Belgian producer of fruit, vegetables and ready meals, has acquired the Polish firm Agram for an undisclosed sum, according to a report in Just Food.

Agram produces 28,000 tons of vegetables and fruit a year, principally cauliflower, broccoli, onions, strawberries, blueberries and rhubarb. It operates two facilities in Poland and employs around 200 staff.

Crop’s, which currently sources 25% of its production from Poland, said the deal would enable it to expand in eastern European markets. It added that it planned a number of investments to modernise Agram’s production capability over the next three years, including a new packing hall, cold store and freezing tunnel, alongside expanding Agram’s organic footprint.

Crop’s and Agram have been operating a cooperative business together since 2006.

Source: Just Food

Tags
Agram
Crop's
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Belgium: Fruit and vegetable firm Agram acquired by Crop's - Gama