Frutura adds another acquisition to its portfolio, this time Chile's largest supplier of table grapes to the U.S., Europe, and Asia, Subsole.
Rio Blanco's Terramara operation will be used by the JV to deploy new premium table grape varieties in the region.
Rafi Karniel will transition to Chairman of the Board following his 15 year tenure as CEO.
The shift in varieties has resulted in more spread throughout the season, which is expected to extend past the July 4th holiday in the U.S.
An early exit from California table grapes, late arrivals from Chile and South Africa and good quality fruit led to a better than expected season for the Peru table grape season.
An "ultra-early ripening green seedless grape variety with a sweet Muscat flavor and firm crisp texture” and a “midseason ripening red variety with large berries and a tropical aroma with overtones of mango” are two new grape varieties to hit the market.
Table grape shipments are particularly affected in the height of the export season.
China remains the prime destination and growers are optimistic for this season's results despite logistical challenges.
Chilean growers will have a new early and mid-season red seedless table grape variety developed in the South American country.
For much of the season until recently, exports from the country were running well behind the previous season, despite a much higher intake volume.