US: Ocean Spray makes Cran Chile acquisition

 US-based food and drink co-usable has obtained the cranberry handling business of Chilean firm Agrícola Cran Chile Limitada, denoting the association's first worldwide securing.

The arrangement, declared today (11 January), will extend Ocean Spray's worldwide impression and lay out a sizeable helpful presence in a significant cranberry developing district, the firm said. Monetary subtleties of the arrangement were not revealed.

"This obtaining will empower us to more readily contend in the worldwide dried natural product market and give long haul benefits as reasonable exchanges for our cultivator proprietors," said Ocean Spray CEO Randy Papadellis. "It likewise addresses another wilderness for our agreeable that will enhance our organic product supply with a counter-occasional stockpile of cranberries from Chile Solid Fats Market, empower us to convey dried cranberries from an essential South American area to new and existing worldwide business sectors, and increment our ability to yearly create dried cranberries by 12m pounds."

Cran Chile, situated in Lanco, Región de los Ríos, is one of the world's biggest cranberry developing tasks and utilizes around 100 staff, all of which will become Ocean Spray representatives on fulfillment of the arrangement.

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