Fyffes buys 60 percent of Brazil's largest melon producer
Fyffes buys 60 percent of Brazil's largest melon producer
Fyffes PLC, based in Dublin, Ireland, announced Feb. 7 that it has acquired 60 percent of Nolem, which is Brazil's largest melon producer and exporter. Nolem owns 5,000 hectares of Brazilian farmland and markets 9 million boxes of melons per year. The business will continue to be managed by Andre, Marcelo and Eduardo Gadelha. The Gadelha family will own 20 percent of the company.