Agrícola Famosa, the large Brazilian fruit producer and exporter, announced their merger with the Spanish company El Abuelo, a regional leader in the production and distribution of high-quality melons and watermelons.
The combined revenue of both companies reached over €230 million in 2023, representing a commercial volume of more than 320,000 tons of fruit. This merger is part of Agrícola Famosa's strategy to become the leading supplier of these fruit categories in Europe.
The teams of El Abuelo and Agrícola Famosa will continue to lead their respective companies, maintaining their brands, independence, and management models, and will promote operational and commercial synergies.
The agreement is subject to the fulfilment of the usual administrative and regulatory conditions and will be formalized in the coming weeks.
For more information:
Carlo Porro
Agricola Famosa
Tel: +55 85 991999392
Email: [email protected]
www.agricolafamosa.com.br