NatureSweet And Ganfer Announce Joint Venture

SAN ANTONIO, Texas – NatureSweet, Ltd.®, a vertically integrated greenhouse grower of premium fresh tomatoes that controls every step of production from seed to shelf, announced a partnership with Ganfer, one of the largest greenhouse vegetable producers in North America, which will add more than 100 hectares of greenhouses to NatureSweet’s production over the next three years.

The partnership will enable NatureSweet to increase production of its delicious market-leading tomato brands, while enabling both NatureSweet and Ganfer to advance their respective expansion and growth plans.

“We are thrilled to be partnering with an organization that has the expertise of Ganfer,” said Bryant Ambelang, President and CEO of NatureSweet. “Our investment in expansion will help to secure our aggressive growth plans.”

Existing Ganfer greenhouses, plus new construction that has already begun, will bring the total venture to over 100 hectares of greenhouses with production beginning November 1st. There will be a second phase of expansion beginning April 1, 2017, with additional expansion each year for the next five years.

“These new greenhouses are only the beginning of our expansion plan,” said German Gandara, president and CEO of Ganfer Greenhouses. “Our partnership with NatureSweet provides us with the financial confidence we were looking for to continue expanding for many years to come.”

For more information about NatureSweet, visit NatureSweet.com. For more information about Ganfer, visit www.ganfer.com.

About NatureSweet, Ltd.

NatureSweet, Ltd.® is the leading grower of the best-tasting premium fresh tomatoes in North America. All NatureSweet tomatoes begin with finding the best seeds. From there, more than 7,500 full-time associates cultivate then hand pick the vine-ripened tomatoes in sustainable greenhouses, ensuring premium freshness. The only tomatoes that guarantee consistent, superior taste year-round, NatureSweet tomatoes are sold at major grocers, mass retailers, club stores and food service operators in the United States, Canada, and Mexico. Known for award-winning quality and innovative packaging, NatureSweet is also committed to having a positive social, environmental and economic impact on the communities in which it operates. NatureSweet Cherubs®, SunBursts™, Glorys®, Jubilees™, and Constellation™ are trademarks of NatureSweet, Ltd.

About Ganfer

Ganfer, committed to quality and development, provides a range of high-quality products their customers, suppliers, and society. Industry leaders in 4 major areas (greenhouses, agriculture, franchising and real estate), Ganfer encourages and supports the growth and progress in different areas, generating economic value and creating employment. Their values of honesty, responsibility, tenacity, and equity has enabled them to achieve a steady increase in profitability and seek expansion into new opportunities over the past several years.

Source: NatureSweet, Ltd.