The Board has consistently expressed since 2011 its focus and interest on consolidating the company's positioning in the US Market.
As a consequence, Camposol Holding Plc has today signed an Engagement Letter with Credit Suisse, in order to explore strategic alternatives to improve distribution and marketing operations in the US market, including and not limited to Joint Ventures, Mergers, Acquisitions, etc.
Credit Suisse will review together with the Board all of its available options, to achieve its strategy and maximize the value of the Company.
Camposol will issue more detailed disclosure in due course should it choose to further explore any of such strategic alternatives.
For further information, please contact:
Executive Chairman, Samuel Dyer Coriat
sdyerc@camposol.com.pe
CFO, Jorge Ramirez
jramirez@camposol.com.pe
Phone: +511 621-0800
About CAMPOSOL
CAMPOSOL is the leading agro industrial Company in Peru, involved in the cultivation, processing and commercialization of agricultural products such as asparagus, peppers, avocados, mangos, grapes and easy peelers. These are exported as fresh, preserved or frozen products mainly to markets in Europe and the United States of America. CAMPOSOL encompasses a totally integrated business from the production of raw material in the fields to processing in the industrial plant and subsequent commercialization in Europe and the United States. CAMPOSOL has 24,216 own hectares of which about 6,440 are already used for agricultural purposes, operates in 2 different locations in the Peruvian coast, and has one fully owned processing plant for fresh, preserved and frozen products. The Company has on average 10,000 part and full time employees.