Fyffes buys 60% of Sol Group

01/04/2008 12:00:00 AM
Tom Burfield

(Jan. 4) Fyffes PLC has entered the U.S. winter melon business with the acquisition of 60% of Sol Group Marketing Co., Pompano Beach, Fla., according to a news release.

The firm, based in Ireland, also has invested in farming operations in Honduras and Guatemala, the release said.

Fyffes has acquired the right to ship fruit imported by Sol Group Marketing from Honduras and Guatemala and has invested in an 85,000-square-foot warehouse and cold-storage facility from which most of the imported fruit is distributed.

Sol Group imports almost 8 million boxes of winter melons annually for sale to retailers and fresh-cut fruit processors, the release said.



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