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Capespan acquires 25% stake in German importer

The South Africa-based company bought a 25% stake in German importer Fruchtimport vanWylick. This deal will give Capespan access to Fruchtimport vanWylick's and services in Germany and other Western European countries.

Capespan complements the European expertise of vanWylick with its portfolio of globally-procured citrus, pome, stonefruit and grapes.

"It's also a reaffirmation of our global strategy to grow our business with strategic acquisitions in production, distribution and service entities, thus offering customers a wider and more cost-efficient service solution,” said Gerald Müller, the managing director of Capespan in Belgium.


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