Peace River Citrus acquires Louis Dreyfus’ U.S. frozen juice packaging business
Louis Dreyfus Co. Citrus provides packaged frozen juice products for private label customers, as well as frozen juice packaging services for major juice brands in the United States.
Peace River Citrus Products, Inc., Vero Beach, Fla., acquired the U.S. frozen juice packaging business from Louis Dreyfus Co. Citrus (LDC), Winter Garden, Fla. The transaction is expected to close in May. Other terms of the purchase were not disclosed.
LDC’s juice division provides packaged frozen juice products for private label customers, as well as frozen juice packaging services for major juice brands in the United States. Peace River will transition this operation to its packaging facility in LaBelle, Fla. Peace River and LDC will also enter into a long-term orange juice supply agreement.