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Greenyard Foods announces joint venture with UK fruit producer

Greenyard Foods' Fresh division, announces the closing of a joint venture with Bardsley Farms Ltd., in which it will take a minority stake. The company is a UK premium topfruit producer & packer, based in Kent, active in apples, pears, plums and apricots. Bardsley Farms Ltd. is family owned for 5 generations. Greenyard Foods will obtain a minority stake via a capital increase, which will be used for investments in machinery and storage capacity.

This joint venture further strengthens Greenyard Foods' local sourcing capacity.Marleen Vaesen, CEO of Greenyard Foods, comments on the announcement:'We are delighted to announce a cooperation with Bardsley Farms from which both parties will benefit. This JV will improve the position of the company and strengthen future growth of Greenyard Foods to become a unique global player in fruit and vegetables.'

For more information:

Kris Kippers

Greenyard Foods

Tel. +32 (0)15/32.42.49

kris.kippers@greenyardfoods.com