Oppy expands in avocado category with Eco Farms stake acquisition – Fresh Fruit Portal

Oppy expands in avocado category with Eco Farms stake acquisition – Fresh Fruit Portal

Oppy has recently acquired a 65% stake in Eco Farms, a leading avocado grower since 1972 and the first to grow and market organic avocados in the U.S.

The move is the latest in a series of acquisitions and strategies aimed at strengthening Oppy’s key role as a premier grower, marketer and distributor of fresh produce from around the world. 

Oppy and Eco Farms’ 360-degree capabilities in the category have combined to create a new avocado tour de force from farm to shelf. The companies will bring to market a new, holistic avocado offering that includes growing and importing premium avocados, ripening in convenient, strategic locations and flexible packaging options in a bright, new brand, as well as marketing, logistical and other services.

The strategic partnership will create multiple synergies which will allow Eco Farms to capitalize on Oppy’s extensive distribution network and widespread access to market, while Oppy will solidify its existing avocado category which will reap the benefits of vertical integration.

“We are incredibly excited for the opportunity to work with Eco Farms closely. They are a leading player in the avocado category and have a wealth of priceless expertise that they’ve gained over nearly 50 years of operation,” Oppy’s President and Chief Revenue Officer David Smith said.

“The avocado category has seen substantial growth over the last 10 years, and is bouncing back from recent market variability as the new Mexican crop begins. Through this partnership we will complement Oppy’s existing avocado programs and will be able to drive the