Universal Leaf Tobacco Company Presentation slide image

Universal Leaf Tobacco Company Presentation

Ingredients Operations FruitSmart, Inc. • We completed our acquisition of FruitSmart in early January 2020. FruitSmart is a specialty fruit and vegetable ingredient processor, serving global markets • Founded in 1982, FruitSmart supplies a broad set of juices, concentrates, pomaces, purees, fibers, seed and seed. powders, and other value-added products to food, beverage, and flavor companies throughout the United States and internationally through value-added processing of various fruit and vegetable products • FruitSmart processes apples, grapes, blueberries, raspberries, cherries, blackberries, pears, cranberries and strawberries as well as other fruits and vegetables • FruitSmart is headquartered in the Yakima Valley of the state of Washington, where it has approximately 200 employees and two manufacturing facilities • • FruitSmart is well-positioned to capitalize on recent shifts in market dynamics and consumer behavior including a secular shift towards health and wellness - - Demand for clean-label ingredients - Rise of fruit as a natural label sweetener alternative to processed sugar Growing consumer interest in better-for-you premium ingredients FruitSmart primarily sources and supplies within the continental United States 51
View entire presentation