Farmind acquires Joy Wing Mau Asia

Japanese fruit and vegetable supplier, Farmind Corporation is to take over Joy Wing Mau Asia’s Japanese division. JWM Asia Japan’s turnover last year totalled around US$55 million, supplying a range of fresh produce, chief among which is citrus, which it sources from South Africa, North America, Latin America, and Oceania. The two companies signed a Memorandum of Understanding but have not disclosed the value of the deal. Farmind has announced that it will expand JYM Asia Japan’s portfolio of imported produce, diversify sourcing and strengthen the supply base. Farmind’s range of imported fruit and vegetables includes bananas, avocados, and pineapples, as well as local production.