FDP Joint venture

Fresh Del Monte Announces Joint Venture With Managro, Includes Expansion of Avocado and Lime Packing House in Colombia

Published August 14, 2025 at 12:00 PM

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announced a new joint venture with Managro Group, a Colombia‑based agricultural company and leading exporter of limes and avocados. The strategic partnership includes a shared investment to expand an avocado and lime packing house in Colombia, further strengthening Fre

Related Questions

What is the timeline for the packing house expansion and when can we expect it to be operationally contributing to earnings? How will the joint venture impact Fresh Del Monte’s supply chain dynamics, including sourcing, logistics, and inventory management? What are the potential impacts on the company’s ESG profile and could this attract additional sustainable‑focused investors? How will the joint venture with Managro affect Fresh Del Monte’s revenue forecasts for FY2025 and beyond? Are there any currency or political risk considerations tied to the Colombian operations that could impact profitability? Will the partnership enable Fresh Del Monte to secure longer‑term contracts with major retailers or food service providers? How might the market react to this announcement in terms of short‑term stock price movement and trading volume? What is the expected incremental cost structure associated with the expansion of the avocado and lime packing house in Colombia? Will the increased packing capacity lead to higher margins or pressure on pricing due to potential oversupply? How does this partnership position Fresh Del Monte relative to competitors in the avocado and lime markets?