Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, announced a new joint venture with Managro Group, a Colombia‑based agricultural company and leading exporter of limes and avocados. The strategic partnership includes a shared investment to expand an avocado and lime packing house in Colombia, further strengthening Fresh Del Monte’s supply chain capabilities and broadening its presence in two high-growth categories: avocados and limes.

The facility will service Fresh Del Monte’s North American and European markets, enhancing the company’s ability to deliver consistent, high-quality avocados and limes year-round. With Colombia’s favorable growing conditions and reliable sourcing potential, this investment supports the company’s long-term strategy in both lines, while also solidifying its commitment to diversifying its sourcing and expanding its presence in Colombia.

“This joint venture is a bold step in advancing our long-term ambition: to lead in the most dynamic, high-growth categories in fresh produce,” said Danny Dumas, Fresh Del Monte senior vice president of sales, marketing and product management for North America. “Through our partnership with Managro in Colombia, we’re enhancing our vertical integration, expanding our global footprint and reinforcing our position as a trusted, year-round supplier of premium avocados and limes.”

The avocado and lime markets are experiencing strong, sustained growth, driven by rising global demand for nutrient-rich foods. According to Fact.MR, a global market intelligence and advisory firm, the global lime market is projected to grow from $48 billion in 2024 to $62 billion by 2034, at a compound annual growth rate of 2.5 percent. The global avocado market is expected to expand from approximately $19 billion in 2024 to about $34 billion by 2034, reflecting a robust 5.9 percent CAGR. This joint venture leverages Colombia’s strategic production advantages, Managro’s deep product-line knowledge, and Fresh Del Monte’s global distribution expertise to meet growing demand with consistency, quality, and scale across both categories.

This strategic move strengthens Fresh Del Monte’s commitment to growth, innovation, and the delivery of premium produce that meets the evolving needs of today’s consumers.

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