Camposol Holding, a vertically integrated Peruvian supplier of global off-season produce, filed on Monday with the SEC to raise up to $450 million in an initial public offering. The company plans to dual list on the Lima Stock Exchange.
Camposol is a global provider of fresh produce with farming facilities in Peru, Colombia, Chile, and Uruguay. The location of Camposol's fields allow them to produce year-round and sell into international markets when supply is low. The company currently sells its produce to over 40 countries and to five of the top ten global food retailers. Core products include blueberries, mangoes, avocados, tangerines, and grapes.
The Lima, Peru-based company was founded in 1997 and booked $343 million in sales for the 12 months ended December 31, 2020. It plans to list on the NYSE under the symbol CMSL. BofA Securities, UBS Investment Bank, J.P. Morgan, Scotiabank and Santander are the joint bookrunners on the deal. No pricing terms were disclosed.
