Wonderful Citrus Acquires Fruit Marketing and Import Business
Wonderful Citrus has purchased DNE World Fruit, DNE International and the assets of World Pack Cold Storage, a division of DNE Imports.
January 1, 2018
Wonderful Citrus, an integrated grower, shipper and packer of fresh citrus, has purchased DNE World Fruit, among the largest citrus marketers in Florida, DNE International, one of the largest citrus exporters in Florida, and the assets of World Pack Cold Storage, a division of DNE Imports. As part of this transaction, Wonderful Citrus is acquiring DNE’s citrus marketing and import business, along with World Pack’s cold storage, bagging, repack and distribution center in New Jersey.
This acquisition, combined with existing operations, makes Wonderful Citrus a top importer of counter-seasonal citrus products in the U.S., while doubling the company’s grapefruit position.
“The addition of DNE and World Pack to the Wonderful Citrus family significantly enhances our ability to serve customers year round with a variety of fresh citrus offerings,” said David Krause, President of Wonderful Citrus. “We’re thrilled that this makes us the top grapefruit distributor in America and allows us to serve as the exclusive marketer for all of DNE’s Florida citrus.”
“Wonderful Citrus is a well-respected leader within the fresh citrus industry,” said Greg Nelson, President of DNE World Fruit. “The opportunity to significantly expand our sales reach and access new markets was a very attractive part of this deal. We look forward to teaming up with Wonderful to better leverage our collective strengths in the global citrus marketplace.”
DNE’s sales employees will be offered positions with Wonderful Citrus and Greg Nelson will stay on with the company as an advisor.