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Agreement signed for close collaboration in various fields

Mexifrutas and Frutco join Forces

Mexifrutas and ct Finance AG (with its subsidiary Frutco AG) have signed an agreement for close collaboration in various fields. Mexifrutas is working in the field of processing of tropical fruits in Mexico and Costa Rica.

Mexifrutas will open a new factory for Banana Puree and Pineapple Juice NFC as well as concentrate in Costa Rica in early 2020. Mexifrutas's main market is North America. ct Finance AG is managing a group of companies, which are working in the field of farming, farm management, processing and the marketing of raw materials and retail products. Ct Finance AG's main market is Europe.

In the first step, Frutco AG, as a subsidiary of ct Finance AG, will market the banana puree of Mexifrutas in Europe and the Middle East. Customers who were previously served directly by Mexifrutas will continue to be supported on this journey. In Summer 2019 Frutco will also open a processing plant for Banana Puree In Colombia. Both groups have control over large plantations of bananas to fulfill the requests of multinational customers to secure resources for them.

For the customers these two origins have a great advantage:
- Risk reduction because of Storms, Political issues, Force Majeure
- Best Customer Service by language, at place just in time
- Both parties have access to the raw materials – meaning security of supply – transparent supply chains and food safety.

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