By Linda Hall • 30 July 2022 • 21:18
Acquiring these two companies, which grow a wide variety of fruit and vegetables, means that Agrupapulpi can now expect an annual turnover of approximately €210 million.
Founded in 1981 by Francisco Belmonte and Bartolome Soler, Agrupapulpi was taken over in 2019 by Magnum Capital in a deal which market sources that were quoted in the Spanish media estimated at around €80 million.
A partner of Proexport in Murcia and Coexphal in Almeria, Agrupapulpi specialises in watermelons and iceberg lettuce. Currently it employees 1,200 people, owns packing plants that cover a total area of 14,000 square metres and has more than 2,300 hectares of land under cultivation in Almeria, Murcia and Granada.
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Originally from the UK, Linda is based in Valenca and is a reporter for The Euro Weekly News covering local news. Got a news story you want to share?
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