NOVA MEDIA PUBLISHING INC.

Unibán Increases Sales to the EU Market

5.4.2019

Unibán, the main Colombian agricultural products marketer, has advanced in the implementation of its new strategy to serve customers and markets in Europe, the United States and Asia from four main businesses: Agricultural Production, Field Services, Marketing and Logistics, and Market Development.

Unibán grew participation in the North American market with sales that increased 38% in banana and 20% in total during 2018; and through TMA (Tropical Marketing Associated), commercialized 8.82 million boxes of bananas directly to Europe.

Their presence in the In the snacks market was expanded with new clients in Portugal, Trinidad & Tobago and the Dominican Republic interested in developing their own brands.

Agricultural Production, a business formed by the agricultural companies Sara Palma S.A. and Bananera Genesis S.A. which farms focus on the production of bananas; Agricultural Uberaba S.A. in the production of pineapple.

In 2018, 192.6 hectares of bananas were renewed. The production was 6 million boxes, similar to the previous year.

In 2018, 6,484 tons of pineapple was harvested, with a productivity of 89 tons per hectare, 17% more than the productivity achieved in 2017. Sales reached 6,138 tons, of which 75% was for export markets and 25% was sold in the domestic market.

The Field Services unit commercializes inputs and services for agriculture.

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