Strategic shift: Fyffes divests melon division to strengthen core fruit categories
Tropical produce giant Fyffes is selling its entire melon business to Martori Farms, a fourth-generation, family-owned leader in fresh produce. The acquisition includes the companyās farms in Honduras and Guatemala, as well as the distribution business in Miami, Florida.
Fyffeās Sol Melons stands as the largest supplier of winter melons in North America, bringing Martori Farms a truly year-round business model. Meanwhile, this integration enables Fyffes to sharpen its focus on core perennial categoriesābananas and pineapplesāby dedicating resources and expertise to their continued growth and market leadership.
āOver the past four years, we have made significant investments in our winter melon business. The result is a business we are profoundly proud of,ā said Helge Sparsoe, CEO of Fyffes. āAs we searched for a buyer, our top priority was to find a company that shares our valuesāespecially when it comes to worker wellbeing, customer service, and uncompromising quality. We are confident that under Martoriās leadership, Sol Groupās employees, the land, and customers will benefit from this same commitment to sustainability, innovation, and excellence.ā
With deep roots in Arizona and California, Martori Farms is well known for its signature melons: Cantaloupe, Watermelon, Traditional Honeydew, Golden Honeydew, and the innovative Kandy Lemon Drop Melon.
āOur goal has always been to deliver melons that exceed consumer expectationsāmelons that delight with flavor, appearance, and reliability,ā said Steve Martori III, CEO of Martori Farms. āThe acquisition of Sol Group allows us to extend that promise across all 12 months of the year, while working with an extraordinary team of growers who share our dedication to quality and sustainability.ā
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