Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Company receives $130 million from Canadian private-equity firm Cordiant Capital

Agrícola Chapi expands avocado and table grape production

Peruvian export company Agrícola Chapi has received $130m in funding to expand its table-grape and avocado production. The funding, from Canadian private-equity firm Cordiant Capital, will be allocated in stages until March 2024 and is part of a growth plan drawn up with Cordiant in 2022. Chapi aims to grow its production land area to 1,200ha of avocados and 900ha of table grapes.

The exporter is also part of a “genetic improvement programme”, a table-grape breeding initiative, in partnership with US fruit technology companies Sun World and IFG (International Fruit Genetics).

Source: just-food.com

Publication date: