Universal Corp. (UVV) to Acquire FruitSmart

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Go back to Universal Corp. (UVV) to Acquire FruitSmart

Universal Corporation to Acquire FruitSmart, a Premier Fruit and Vegetable Processor and Supplier

November 20, 2019 5:05 PM EST

RICHMOND, Va., Nov. 20, 2019 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that it has entered into a definitive agreement to acquire FruitSmart, an independent specialty fruit and vegetable ingredient processor serving global markets.

Founded in 1982, FruitSmart supplies a broad set of juices, concentrates, blends, purees, fibers, seed and seed powders, and other value-added products to food, beverage and flavor companies throughout the United States and internationally through value-added processing of various fruit and vegetable products. FruitSmart processes apples, grapes, blueberries, raspberries, cherries, blackberries, pears, cranberries and strawberries as... More