Universal Corporation Acquires FruitSmart

January 3, 2020

Universal Corporation (NYSE: UVV) has completed its acquisition of FruitSmart, an independent specialty fruit and vegetable ingredient processor headquartered in Washington's Yakima Valley. The purchase, funded with cash on hand and existing borrowing capacity, expands Universal's agri-products capabilities and serves as a foundational step toward building a broader agri-products services platform.

Buyers
Universal Corporation
Targets
FruitSmart
Industry
Food & Beverage
Location
Washington, United States
Transaction Type
Buyout

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