Family-owned Hausladen Fruchthandel supplies markets in Germany, Austria, Slovenia
South Africa s Westfalia Fruit Group, a fresh and dried fruit supplier specialising in avocados, has signed a deal to acquire a controlling stake in German peer Hausladen Fruchthandel.
The transaction for family-owned Hausladen, based in Munich, for which financial terms and the size of the interest were not disclosed, is subject to competition approval.
Westfalia said in a statement the deal aligns with its strategy to retain and expand its position as a global avocado market leader, and to create shareholder and other stakeholder value, including synergistic benefits across the group s integrated avocado value chain .