Leofresh has merged with Moorea in a strategic move to enhance their leadership in the fresh produce market while benefiting from operational synergies and increased innovation capabilities.
Information on the Target
Leofresh, a prominent player in the fresh produce export market, is based in Rungis, France. The company specializes in the distribution of high-quality food products, particularly fresh fruits and vegetables. In a strategic move to bolster its market presence, Leofresh has announced a merger with Moorea, a recognized expert in the sourcing and marketing of premium fruits and vegetables, also located at the International Market of Rungis.
This transaction has been structured with financing arrangements from Banque Populaire Rives de Paris and Banque Populaire Alsace Lorraine Champagne, facilitating the complete acquisition of Moorea's shares by Leofresh. The collaboration between these two complementary businesses aims to leverage their strengths in order to enhance their service to professional clients while maintaining their independence in the food distribution sector.
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Industry Overview in France
The fresh produce market in France is characterized by its diversity and growing demand for quality products. With increasing consumer awareness regarding health and sustainability, the industry has seen a significant
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