Fresh Del Monte Produce has announced the takeover of a leading Polish fresh fruit and vegetable distributor.
Expans, which markets a wide range of produce from bananas and citrus through to tomatoes and grapes, notched up sales of $110m in 2002.
Fresh Del Monte said the cash acquisition built on the company’s strengths in Europe and positioned it for further growth in central Europe.
Mohammad Abu-Ghazaleh, chairman and chief executive, said: “Acquiring Expans represents a strategic move to position Fresh Del Monte as a leading global brand in Poland before it joins the European Community in May 2004.”