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 .
Westfalia Fruit acquires Hausladen Fruchthandel in Germany
January 26 , 2021
Multinational avocado specialist Westfalia Fruit has signed a deal, subject to merger control approval, to acquire a controlling interest in Hausladen Fruchthandel, a prominent family-owned fruit supplier headquartered in Munich, Germany.
Founded in 1932, Hausladen has a strong presence in Germany with exotics such as avocado, mango, papaya and pomegranate as well as southern European produce.
The company is also active in neighboring markets including Austria and Slovenia.
The deal is closely aligned with the vision of the Westfalia Fruit Group, which is 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.