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Fresh Del Monte Acquires Avolio To Expand Into Avocado Oil Market

Summary

Fresh Del Monte Produce Inc. (NASDAQ: FDP) has acquired Avolio, Uganda's top supplier of avocado oil. This acquisition boosts Fresh Del Monte's presence in high-value specialty ingredients, allowing it to leverage Avolio's extraction technology to produce premium avocado oil.

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Article published on March 26, 2025 by benzinga