12th September 2017

Dreyfus looking to strengthen Brazil juice assets through possible joint ventures

BRAZIL.   Despite rumours to the contrary in the Brazilian press, Louis Dreyfus Co is not looking to sell its Brazilian juice operations says Murilo Parada, the recently appointed CEO for juice and the Dreyfus unit in Brazil.

“Dreyfus is open to partnerships, upstream and downstream in the juice sector, but we are not selling the plants,” said Parada, who is reported to be interested in tie-ups with local bottlers.

Parada said the company had decided to strengthen juice production in Brazil, reducing its presence in the United States due to falling fruit production in Florida. The company has four juice processing plants in Brazil, the world’s largest orange juice exporter, and one port terminal for juice loadings.

Source: Reuters

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