Continental Grain Company (“Conti”) today announced an investment in Agroberries, a leading global company in the production, marketing and distribution of berries. Agroberries markets more than 50.000 tons of berries per year, originating from its own production base of more than 2.000 hectares, in addition to a diverse group of associated producers. Its productive base expands in 5 countries, which include the most productive regions in the world.

The growing preference of consumers for healthy products has strongly increased the consumption of fresh fruit, with "superfruits" leading the dynamism. Given their high nutritional value, the demand for fresh berries continues to grow, making the category one of the fastest growing in supermarkets around the world. As a result, consumers are looking for a year-round supply of high-quality berries.

Conti's investment will allow Agroberries to expand its production base and global distribution capabilities, both organically and inorganically, in addition to accelerating the development and growth of its proprietary genetic varieties, thus strengthening its product portfolio throughout the year. As a long-term partner, the global firm specialized in food and agribusiness brings with it a vast international network and operational expertise to drive the development and expansion of the business to new geographies and support its strategic development.

Jorge Varela, Co-founder and CEO of Agroberries, highlighted: “I am excited about the possibilities that this partnership with Conti opens up, and I am sure that it will accelerate our global expansion, allow our clients access to more exclusive varieties of berries and offer interesting challenges and professional development opportunities to our collaborators” .

Carlos Poblete and Ignacio Sanz are Co-Heads of Conti Latin America. Charles commented: “We have known the Agroberries team for years and believe the company is well positioned to capitalize on a broad spectrum of growth opportunities”. Ignatius added: “We are excited about our investment in Agroberries and contributing to this new stage of global expansion. Agroberries has established itself as a global supplier of high-quality berries, and we will try to expand its reach through strategic acquisitions."

About Agroberries

Founded in 1996, Agroberries is a leading vertically integrated company in the production, marketing and distribution of fresh berries, serving a select customer base with leading global supermarkets throughout the year. Based in Chile, and with marketing platforms in the United States and the Netherlands, the company offers a wide variety of conventional and organic berries of the highest quality.

Agroberries is a recognized global leader and pioneer in the production and handling of berries. The company has agricultural production operations and assets of packing of first level in both hemispheres, and a vast global network of strategic alliances. Agroberries partners, directly involved in business management and committed to consistent service and high product quality, have developed a solid, diversified platform with the highest traceability standards. www.agroberries.cl

About Continental Grain Company

Continental Grain Company (Conti) is a global investor and business operator with more than 200 years of experience in the food and agribusiness sector. The firm creates long-term value by providing know-how, capital and talent to companies ranging from leading companies in their markets to high-potential startups.

Conti builds platforms with strategic partners and management teams where it can leverage its global expertise in food manufacturing, marketing and distribution. Conti invests with a long-term mindset in projects that create value over time and contribute to building a supply chain for the food industry that is sustainable, efficient and healthy.

Conti combines talent, ideas and resources to build businesses that feed the world. For more information visit www.continentalgrain.com