Spain-based fruit-and-vegetable supplier SanLucar has acquired a “controlling ownership stake” in US-based Twin River Berries.
In a statement, SanLucar said the investment will “significantly expand” its operations in North America, building on its entry into the US market three years ago
The transaction is framed as a long-term partnership between the two businesses. It will also include Oregon Berry, a Twin River brand described as “well known” across Asia. Financial terms were not disclosed.
SanLucar Fruit founder and owner Stephan Rötzer said: “This partnership is a milestone in our journey to bring extraordinary taste to consumers around the world. “Twin River Berries shares our passion for quality, our commitment to responsible agriculture, and our belief that premium fruit should be available every day of the year.” Twin River Berries, which traces its roots back to 2004, grows and markets fresh berries. It was formally formed in 2015 and scaled its operations into a year-round programme to shipping 52 weeks a year in 2018, according to its website. The firm sources berries from Oregon, Washington, Peru, Mexico, Chile and Argentina.