Dutch fresh produce trading company Staay Food Group has confirmed that its Argentinean subsidiary Savasun Fresh has acquired 100 per cent of a major citrus production area in Argentina.
The 150ha plantation is situated near Corrientes, in the north-east of the country.
'With the acquisition of its own orchard, the Staay Food Group has strengthened its position as a supplier with its own source of production,' said a spokesperson for the company.
Staay Food Group has commercial operations in the Netherlands and Spain, as well as a number of production projects in Israel, Egypt, Peru and Argentina.