Acquisition of Advanced Berry Breeding by Placin

Transaction
Placin acquires the Dutch raspberry breeding group Advanced Berry Breeding. Rembrandt Mergers & Acquisitions assisted the buyer in realizing this transaction.

Advanced Berry Breeding
Advanced Berry Breeding is a well renowned company dedicated to the breeding and commercialization of its own raspberry varieties (Kwanza, Kweli, Shani, Mapema, Wengi, Imara, Sarafina, Rafiki, and Jambo among others). In recent years, it has experienced strong growth and expanded its commercial presence globally. Its current varietal portfolio has a very good reputation among its customers, and new launchings are expected over the next seasons.

More information is available at: www.freshfruitportal.com.