The proposed acquisition would return T&G’s wholesale operations to Turner family ownership and New Zealand control, reuniting the fractured Turner fruit and vegetable empire.
Financial projections indicate that the secured off-taker agreement is expected to generate approximately US$3.5 million annually.
Marubeni retains a 34% stake as the companies continue their partnership in Japan.
Move follows Carrefour’s recent expansion plans in Nigeria through a franchise partnership
The acquisition strengthens Sucafina’s specialty coffee capabilities while preserving Rehm & Co.’s brand, team and operations in Germany.