South African fresh produce exporter-marketer Capespan is said to be considering acquiring production areas outside of its own country, as well as joint ventures and alliances, in order to expand its procurement activities and become a truly global supplier.
As part of the planned shift in strategy, which was reported by Cape Business News and apparently revealed at a presentation during Capespan's recent annual general meeting, the company intends to increase the amount of fruit it sources overseas to the point where it is at least equal to the volume procured within South Africa.
Last year, the group marketed a total of 27.1m cartons of South African fresh produce, compared with 17.6m cartons from international sources.
Capespan currently sources its fruit from South Africa as well as 20 other countries worldwide, including Argentina, Chile, Egypt, India, Israel, Morocco, Namibia, New Zealand, Peru and the US.
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