AGRINURTURE Inc. (ANI) has completed the acquisition of Freshness First Pty. Ltd., an Australian company, which effort began in late 2018.

For the sum of AUS$1.00, Freshness First becomes a fully-owned ANI subsidiary.

It is engaged in the business of trading fresh and processed fruits and vegetables in the state of Queensland, operating under its 100 percent owned and controlled subsidiaries: (a) BSK Pty Ltd., doing business under the brand “Field Cuisine,” and (b) Michsul Pty Ltd., doing business under the brand “Bou Samra Fruits & Vegetables” servicing major institutional clients across the State.

Despite challenges brought by the Covid-19 pandemic and a major Brisbane flood during early 2022, said subsidiary managed to steer toward recovery, posting AUS$12.8 million in annual revenues as of July 2023 which is slightly over during the same period last 2022. (PR)