Hancock Natural Resource Group (HNRG), a company of Manulife Investment Management, has completed a majority acquisition of David Del Curto S.A. (DDC), a Chile-based fruit producer and exporter, on behalf of its third-party clients.
“The acquisition strengthens and diversifies our existing portfolio as DDC is in a solid position; both currently with market-leading characteristics and for the future with state-of-the-art farmland facilities and opportunity for additional strategic growth,” said Stephen J. Blewitt, global head of private markets, Manulife Investment Management.
DDC is a Chilean fruit production, packing and export company, which produces more than 10 different fruit types across 11 farms, while also managing one of the largest nurseries in the country. It also operates three packing facilities with a capacity of 9 million boxes of fruit. DDC will continue to be led by Fernando Cisternas, the current CEO, and the management team, who will oversee day-
