Nutrano acquires Seven Fields and Abbotsleigh Group

Fresh produce and distribution company Nutrano has acquired two Australian companies, Seven Fields and Abbotsleigh Group.

Financial details of the transactions have not been divulged.

Nutrano managing director Tony Mahoney said: “The Seven Fields Abbotsleigh acquisition is a perfect fit for the next growth stage of Nutrano.

"The citrus, blueberry and mango categories complement our existing domestic and international businesses.

"The brands and relationships built and formed by Seven Fields and Abbotsleigh area key to their success, and we will be maintaining these.”

All staff will be retained, and founders Greg McMahon, Richard Byllaardt and Michael McMahon will continue in their operational roles.

Nutrano stated that it made the acquisitions as the two businesses' culture and principles are in line with its own, which focuses on customer service, continued innovation and category development.

Seven Fields executive chairman Greg McMahon said: “We have received many approaches over the years from potential buyers, but it was important an acquirer of our business would continue what we have built and use it as a base for continued growth.

“It was important to us to secure the future of the business and all of our people who have made it a success and we felt that Nutrano provided an excellent strategic and cultural fit.

"We look forward to working with Tony and Nutrano to deliver on our growth projections and the opportunities that present themselves in agriculture.”