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Greenyard Foods signs deal for new facility in the US

Sint-Katelijne-Waver, Belgium, 16 June 2016

Greenyard Foods (Euronext Brussels: GRYFO) announced today the investment in the company’s northeast US operations, with construction of a new state-of-the-art packing and cold storage facility. Located in New Jersey, this facility is strategically positioned within close proximity of the northeastern ports, a major receiving point for imported fresh produce in the US.

This expansion substantially increases its overall production capability and company’s services for customers in areas such as value-add packing, controlled atmosphere storage and service providing opportunities. Future growth is anticipated with potential for additional development in the facility plans.

Quote of Mayda Sotomayor, Managing Director of UNIVEG Logistics America:
“As part of our strategic plan, the expansion of our northeast operations not only substantially increases our production capacity but further underscores our commitment to our customers and growers. Expanding our facility has been in our plans for quite some time as our current facility has been a challenge for our continued growth. We couldn’t be more excited to finally move forward with the plans.”

Quote of Marleen Vaesen, CEO of Greenyard Foods:
“This expansion is in line with Greenyard Foods’ focus to grow in the US market, as part of the Fresh division’s growth plans. It underlines our commitment to invest in our fresh operations, our people and ultimately our mission to grow consumption of fruits and vegetables for a healthier future.”

The plan is to open the facility in February 2017. Seald Sweet, part of the Fresh division of Greenyard Foods and sister company of UNIVEG Logistics America, will also relocate its import production operations and northeast sales offices to the new facility, enabling the sales and production teams to continue operating within the same location.

For additional information, please contact:
Seald Sweet:
Kim Flores
Marketing Director, Seald Sweet
Tel. +1 (772) 569-2244
Email: kflores@sealdsweet.com

Greenyard Foods:
Marleen Vaesen, CEO
Tel. +32 (0) 15/32.42.96
Email: marleen.vaesen@greenyardfoods.com

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Greenyard NV
Strijbroek 10
2860 Sint-Katelijne-Waver (Belgium)

t. +32 (0)15 32 42 00
f. +32 (0)15 32 42 01

info@greenyardfoods.com

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