Organto, an integrated provider of organic and value-added organic fruits and vegetables, announced the expansion of its organic limes portfolio with the first shipment of limes from a strategic Colombian supply partner scheduled to arrive in Europe for commercial distribution last week.
Organic and non-GMO limes were added to Organto’s portfolio earlier this year after successful market testing during which Organto marketed various varieties and sources of lime products with select European based customers. As a result, Organto has now entered into a number of strategic import programs for the year-round supply of organic and non-GMO limes with current supply coming from Colombia, Peru, Mexico and Spain.
Rients van der Wal, co-CEO of Organto and CEO of Organto Europe B.V., said:
“We are pleased to expand our organic and non-GMO limes portfolio and to be able to supply growing markets on a year-round basis. We believe demand for limes has increased throughout the COVID-19 pandemic, and will continue to do so going forward, as consumers seek out the unique health benefits derived from high antioxidant and vitamin C levels.”
Organto is expecting weekly sales of limes of approximately CDN $45,000 to $60,000 by the end of the fiscal year, with the objective of increasing the lime category to annualized revenues of approximately $10 million as the Company builds out its supply sources and expands its customer base over time. Organto has arranged for the delivery of limes from its suppliers on a year-round basis, with higher volumes expected during April to August each year.