FRESNO, CALIF. — Pacific Trellis Fruit L.L.C. has entered into an agreement to acquire the Dulcinea Farms fresh produce business from Syngenta, Basel, Switzerland. Terms of the transaction were not announced.
Dulcinea was formed in 2004 as a partnership between Tanimura & Antle and Syngenta. In 2005, Syngenta took full control of the company and today Dulcinea has sales of approximately $80 million.
“The sale will allow Syngenta to focus on bringing innovation to growers and the food value chain in our core vegetables business,” said Davor Pisk, chief operating officer. “Pacific Trellis is the best partner to provide Dulcinea with the expertise needed to achieve greater scale and long-term business growth.”
Pacific Trellis is a marketer of a variety of fruits, including table grapes, peaches, plums, nectarines, apricots and apples. Dulcinea Farms is a marketer of melons, cantaloupes and tomatoes.
The transaction is expected to close by the end of 2013.