Contact Information: Contacts: John Chamberlain Limoneira Company Director of Marketing (805) 525-5541 Ext 256 Diane Rumbaugh Rumbaugh Public Relations (805) 493-2877
Limoneira Company Selects Rabobank as Its Financial Services Provider
| Source: Limoneira Company
SANTA PAULA, CA--(Marketwire - August 18, 2008) - Limoneira Company (PINKSHEETS : LMNR ), one
of California's largest agribusinesses and a prominent community builder in
Santa Paula, has selected Rabobank as its financial services provider.
Rabobank is part of the global Rabobank Group, which provides a full-range
of financial services and is a leader in food and agri financing and
sustainability-oriented banking.
"We are thrilled to begin our relationship with Rabobank," says Harold
Edwards, Limoneira Company CEO. "The Rabobank network provides us with the
opportunity to work with several individuals that we consider to be the
best in the industry."
"Rabobank has been providing financial services to the agriculture industry
for more than a century," says Jetze Kempenaar, regional manager of
Rabobank's agri finance division. "Limoneira can now leverage our industry
knowledge and international presence to expand into new markets here and
overseas."
"Our organizations are well matched from a cultural perspective as well,"
says Jeff Paul, Rabobank regional president. "Limoneira and Rabobank are
both leaders in their respective industries and are deeply committed
to their customers, employees, and the community. We are honored by our
association with Limoneira. "
"With Limoneira's global agribusiness and our company's regional and local
real estate projects, we will be able to maximize several strategic
initiatives and take our company to the next level of success," explains
Edwards.
"From a banking perspective, Limoneira and Rabobank are an ideal fit," adds
Steve Shinsky, regional manager of Rabobank's commercial banking division.
"Rabobank can provide the close, personal service of a community bank and
the depth and breadth of products and lending capacity of a large bank.
That unique combination of qualities allows us to accommodate a variety of
Limoneira's needs."
Limoniera Company has over 7,000 acres in active agricultural production
and distributes its products through Sunkist and Calavo. The company is
traded on the Pink Sheets under the symbol LMNR.
For more information about Limoneira Company, go to www.limoneira.com.