Sun World s David Marguleas comments on acquisition by Bridgepoint
Sun World International LLC, the global fruit genetics, R&D and licensing company, announced an agreement to be acquired by Bridgepoint, an international private equity group. Bridgepoint will become controlling shareholder alongside management and succeeds a transformative and successful period of ownership from Renewable Resources Group LLC and Vision Ridge Partners.
Sun World and Bridgepoint have been in discussions for the past few months and concluded earlier this week, resulting in the announcement going out on March 31st. The Bridgepoint investment will support Sun World’s plans to accelerate its growth strategy by building a broad-based genetics and technology platform for specialty fruit growers.
January 27, 2021 |
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