date:Oct 11, 2012
One of Australias largest fruit and vegetable wholesalers, Moraitis, has confirmed that its business is for sale. A report in the Weekly Times newspaper has stated that Moraitis is negotiating a sale with a China-based company, Chevalier. Under the deal, the buyer would take control of Moraitis growers, packers and 11 subsidiary companies around Australia.
Moraitis is believed to supply around 90 per cent of Woolworths potato and onion trade, as well as supplying to Coles and other Australian s