Ocean Spray Buys Chilean Cranberry Business

Ocean Spray Cranberries, Inc., a grower-owned agricultural cooperative, announced it has acquired the cranberry processing business of Agrícola Cran Chile Limitada (Cran Chile) based in Lanco, Región de los Ríos, Chile. The acquisition will expand Ocean Spray’s multinational footprint and establish a sizable cooperative presence in an important cranberry growing region. Cran Chile will retain its world-class cranberry growing operation and its raspberry and blueberry juice concentrate business.