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Mastronardi Produce acquires full ownership of Mastronardi BerryWorld North America

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Industry leader in greenhouse fruits and vegetables, Mastronardi Produce, has recently acquired full and exclusive North American rights in Mastronardi BerryWorld America from its partner BerryWorld Group. 

 

The joint venture between Mastronardi and BerryWorld Group was originally formed in 2018 to create Mastronardi BerryWorld America. This partnership provided access to BerryWorld’s high-flavour proprietary berry varieties and was aimed at leveraging Mastronardi's expertise in greenhouse growing and BerryWorld’s extensive berry breeding and marketing capabilities to enhance the production and distribution of premium berries in North America. Both parties are excited to continue the relationship which will provide Mastronardi Produce continued access to the BerryWorld breeding program to further develop the North American berry category. 

 

“Our partnership with the BerryWorld Group over the past five years has allowed us to deliver exceptional berries to the North American market,” says Paul Mastronardi, president and CEO of Mastronardi Produce. “Access to these premium varieties through this association with BerryWorld has played a crucial role in establishing Mastronardi Produce as an emerging player in the North American berry market.”

 

In connection with the buyout, Mastronardi Produce will continue to hold exclusive rights to market all premium berry proprietary varieties in North America that were previously licensed to Mastronardi BerryWorld America in addition to all future high-flavour propriety berries developed under such licenses. This extends over all four berry categories including strawberries, raspberries, blackberries and blueberries. 

 

“This acquisition allows the BerryWorld Group to dedicate its resources to researching and developing premium, high-flavour varieties market while enabling Mastronardi to concentrate on their advanced grower network and leading marketing capabilities,” notes David Gray, president, BerryWorld Group.

 

Mastronardi Produce and BerryWorld Group look forward to continuing to build a long term sustainable collaborative relationship.  As a fourth-generation owned company, this strategic move aligns with Mastronardi Produce’s commitment to becoming the most beloved brand in fresh.

 

 

Source: Mastronardi Produce September 16, 2024 news release

 

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Submitted by Karen Davidson on 16 September 2024