+33 680 38 14 46
Univeg consolidates Expofrut Argentina
Argentina
Wednesday 03 November 2010
With this consolidation, Univeg strengthens its position in Argentina, a major supply base.
By increasing its capital, Univeg consolidated financial position of Expofrut Argentina.
Since October 28, 2010, Univeg increased the capital of Expofrut Argentina of 15 million dollars.
The objective of this plan is to strengthen the financial position of Expofrut Argentina to develop its potential.
"The changing customer demands and the macroeconomic situation in Argentina require proactive measures. Reinforcing our financial position in Argentina is part of our strategic plan. This strategic plan recognises the importance of Expofrut Argentina as a leading exporter of fresh produce. Argentina is an important supply base for the key customers of the UNIVEG group. The company has the right conditions to grow superior fresh fruit. This potential needs to be further developed with a forward-looking market vision", says Tom Paemeleire, COO of the Business Unit Fruit & Vegetables.
Source : univeg
