Contrary to earlier reports, Fortuna Frutos UK is not bankrupt. Marco Slobbe, Fortuna Frutos Continental's director, has confirmed that. It is, however, in suspension of payment, he admits.
Slobbe is trying to determine why Fortuna Frutos UK costs rose on top of the global pandemic's impact. "Fortuna Frutos UK sells 80 to 90% of its produce on contract and does most of its purchasing on contract too," he says.
"Suppliers hold you to your agreements, but customers don't take delivery. Then you're forced to sell on the free market. That's what's largely to blame for the current situation."
Difficult position
The director does not expect Fortuna Frutos UK's problems to have far-reaching consequences for its buyers. He adds that, with costs rising worldwide, all growers (groups) are in difficult positions. "There are issues in the Netherlands and Canary Islands," says Slobbe.
"But also with the rising container prices in places like South Africa/South America. Growers everywhere are struggling. But that's separate from this story." He concludes that there is no question of a Fortuna Frutos Group and expects more trade to run through the Dutch sales office, Fortuna Frutos Continental.
For more information:
Marco Slobbe
Fortuna Frutos Continental bv
17 Oslo
2993 LD, Barendrecht, NL
Tel.: +31 (0) 180 751 400
Email: marco@fortuna-frutos.com