Jupiter continues its global expansion by obtaining another Dutch fresh produce company

The Jupiter Group announced today that it expands its global network with the purchase of Cool Fresh International BV, the company with a long history in global fresh produce sourcing and marketing, employing 43 people in its three locations.

The acquisition includes Cool Fresh International’s logistics division Saphir BV, and the Valencia (Spain) based commercial operation AgroMarketing Cool Fresh Espana. Cool Fresh International owns various fresh produce brands, has a high-level CSR certification, and has implemented various community development projects based on sport and education in numerous countries.

Mark Tweddle, Jupiter’s CEO and Group Director comments “Our own grape and citrus production in countries such as South Africa, Greece, Chile and Argentina create great synergies with Cool Fresh International’s client base across 54 countries, meaning we can further explore the broad retail base across the UK, Europe, Asia and Africa”.

“We are fully geared to offer the added value this acquisition brings to the benefit of our retail, food service and wholesale clients all over the world. By 2021 we estimate the delivery of more than eight million cartons into our supply chain” he said.

Hugo Vermeulen, existing Managing Director of Cool Fresh International adds: “We are really excited to become part of Jupiter’s outstanding teams all over the world. The acquisition enables us to focus on our expertise, together offering our worldwide clients tailor-made, direct from farm solutions to their fresh produce requirements”.

Jupiter has offices in six countries and has 150 employees. The company was recently placed in the Top 25 of the Sunday Times International Track 200 list for the second consecutive year, and has enjoyed average annual sales growth of 107 per cent over the last two years.

In November 2018 Jupiter acquired the South African citrus producer Bonaire, and recently started harvesting the first of its new table grape varieties planted in South Africa, India, South America and Greece.