FDP - Fresh Del Monte team up with I Squared Capital for digital era
Fresh Del Monte Produce ([[FDP]] -0.1%) partners with I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, digital infrastructure, transport, and social infrastructure in the Americas, Europe and Asia. Pursuant to the deal and investing in the I Squared Global InfraTech Fund, Fresh Del Monte takes the next step in transforming into a digital-forward company with technology-enabled capabilities to further enhance its products and customer satisfaction. The fund invests in innovative growth-stage companies applying technology in various infrastructure sectors, including logistics, supply chain, and agriculture. Both parties will share investment prospects, seek to co-invest in certain deals, and offer general support by sharing research and learnings in certain technology fields, including Internet of Things, energy storage, and vertical farming.
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Fresh Del Monte team up with I Squared Capital for digital era