Grupo Hame has acquired Peru’s Agrokasa, the fruit and vegetable grower, for an undisclosed fee.

Founded in Guatemala, Grupo Hame has added Peru to its group of territories across Central and South America, including countries like Mexico, Costa Rica and Colombia.

The conglomerate has diversified its existing operations in bananas, palm oil and avocados with the purchase.

Agrokasa, founded in 1995 and headquartered in Lima, is ranked as one of the largest grower-exporters of avocados, table grapes, blueberries and asparagus in Peru. Since its inception, the company has developed operations in lca and Barranca in the Peruvian central region.

“We are very grateful to our shareholders and board members who had the vision and patience to continuously support us in building this wonderful success story called Agrokasa,” said Jose Antonio Castro, CEO of Agrokasa. “The future for Agrokasa and its 6,000 employees is very bright as we join the Grupo Hame family and continue to grow our business.”

Grupo Hame wrote in a statement: “We are fully convinced that in this new chapter of the history that together we begin to write, we will be able to enhance the strengths of both groups and their collaborators to reach more than what we are today.

“This acquisition is not just a geographic expansion or business diversification, it is a renewed commitment to innovation, sustainability and excellence through responsible value chains.”

In a post on LinkedIn, the group added: “We continue to grow, generating decent work, consolidating our leadership with the confidence that this new chapter brings great opportunities for all. We keep going, because we sow with passion to cultivate prosperity and leave a mark for future generations.”