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CORAL GABLES, FLA. — Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio to continue its initiative to expand into high-value specialty ingredients. Financial terms of the acquisition ...

Together, the companies would “lead” the market with “high-quality, sustainable avocado oil solutions”, Fresh Del Monte said.

Fresh Del Monte Produce has announced its acquisition of Avolio, a Ugandan supplier of bulk crude and edible avocado oil.