Canadian fund buys into Mitolo Family Farms

The Ontario Teachers’ Pension Plan has invested in leading Australian potato and onion producer Mitolo Family Farms.

Pending regulatory approval, the deal will see the Canadian pension fund’s subsidiary, AustOn, acquire the majority share of the vertically integrated fresh produce business.

The Mitolo family will retain an ownership stake in the South Australian-based

More. Go to the article

Fruitnet.com

Eurofruit is a leading magazine for buyers and suppliers of fresh produce in Europe and the Middle East. Its global network of editors, reporters, and correspondents, publishing ten issues per year and daily online news, provides international fruit and vegetable trade with the latest information and analysis, covering innovations in all areas of the industry.