Mission buys interest in Henry Avocado as two firms eye the future
Mission buys interest in Henry Avocado as two firms eye the future
Mission Produce Inc. in Oxnard, CA, has announced that the shareholders have purchased a 49 percent interest in Henry Avocado Corp. As a result, the two companies have formed a strategic alliance. "Initially, we are going to be sharing fruit and information and talking everyday," said Steve Barnard, president and chief executive officer of Mission. "The plan right now is to continue to operate the two firms separately as they have in the past," said Phil Henry, president of Henry Avocado. "But we will be looking at how we can create efficiencies in both distribution and marketing." In separate