Fresh Del Monte acquires majority stake in Ugandan avocado oil producer

Fresh Del Monte Acquires Majority Stake In Avolio

In line with its initiative to expand into high-value specialty ingredients, Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, an Ugandan supplier of bulk crude and edible avocado oil. Avocados are one of the few fruits from which oil can be extracted from the pulp. Avolio leverages this to create value from fruit that cannot be sold whole – reducing food waste and supporting Fresh Del Monte’s commitment to sustainability and…

Fresh Del Monte acquires majority stake in Ugandan avocado oil producer

Fresh Del Monte acquires majority stake in Ugandan avocado oil producer

Fresh Del Monte acquires avocado oil producer - Produce Blue Book

March 26, 2025 — CORAL GABLES, Fla.–(BUSINESS WIRE)–Fresh Del Monte Produce Inc., BB #:111187 one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announces its acquisition of Avolio, Uganda’s leading supplier of bulk crude and edible avocado oil. As part of this deal, the company will acquire a majority stake in Avolio, in line with its initiative …

Fresh produce giant Fresh Del Monte strikes deal to enter high-value specialty ingredients

The purchase of a majority stake in avocado oil supplier Avolio also will help the fruit and vegetable giant boost margins and improve its sustainability efforts.