Fintech PR
UNIFRUTTI GROUP ACQUIRES BOMAREA AND AVOAMERICA PERU TO FURTHER STRENGTHEN ITS GLOBAL MULTI-FRUIT PLATFORM

- Unifrutti further expands its global multifruit platform into blueberries and avocados through the acquisition of Bomarea and AvoAmerica Peru
- The two companies own circa 2,000 hectares of premium blueberry and avocado plantations, complementing Unifrutti’s existing product portfolio
- This follows the announcement of the acquisition of Latin American fruit producer and exporter Verfrut
ABU DHABI, UAE, March 11, 2024 /PRNewswire/ — Unifrutti Group, a leading global producer and distributor of fresh fruit, announced the acquisition of 100% of Bomarea and the Peruvian operations of AvoAmerica (AvoAmerica Peru) from the US-based agribusiness investment firm Solum Partners and the US-based fresh fruit and vegetables company Alpine Fresh.
The two acquisitions strengthen Unifrutti’s presence in Peru and enrich its multi-fruit portfolio with premium blueberries and avocados. Unifrutti is focused on growing and providing a consistent, secure supply of premium produce to its customers worldwide, and these additions underscore its commitment to meeting consumers’ demand for healthy and nutritious products.
With a combined area of close to 2,000 hectares, Bomarea and AvoAmerica Peru are recognized as leading Peruvian producers of premium blueberries varieties and avocados, respectively. The acquisition strategically positions Unifrutti to meet growing demand for blueberries and avocados from a global customer base and increases its access to important markets including the US and China. Bomarea and AvoAmerica Peru will also continue to benefit from enduring relationships and established commercial partnerships, including ongoing collaborations with Alpine Fresh and Westfalia Fruit.
Mohamed Elsarky, Unifrutti Group CEO, emphasized the strategic importance of this acquisition: “The incorporation of Bomarea and AvoAmerica Peru into Unifrutti not only broadens our product range but also enhances our customer service excellence. With blueberries and avocados being among the most desired and rapidly expanding superfruits, the addition of these companies to our portfolio perfectly aligns with our pledge to grow and supply superior-quality fruits to our customers worldwide. Including Verfrut, these three acquisitions mark the initial phase of our ambitious plans to become a leading sustainable multi-fruit company globally.”
The acquisition is subject to the satisfaction of customary closing conditions.
About Unifrutti Group:
Unifrutti Group is one of the main global players in the fresh fruit market, vertically integrated in production, marketing and distribution, with more than 14,000 hectares of land in Chile, Italy, the Philippines, and South Africa. The Group oversees the entire value chain and thanks to direct ownership of land located in different climate zones of the world, it is able to serve more than 50 countries all year round, distributing approximately 500,000 tons of fresh fruit to over 500 customers. Founded in 1948 by Guido de Nadai, Unifrutti now employs more than 11,000 people at its headquarters and operating locations in Japan, Chile, South Africa, the Philippines, Italy, Turkey, the Middle East, China, and India.
In January 2024, Unifrutti announced the acquisition of 100% of Verfrut, one of the largest fruit producers and exporters in Chile and Peru, with more than 7,500 hectares (of which 2,200 hectares in Peru)
Unifrutti Group is part of ADQ, an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises spanning key sectors of the UAE’s diversified economy.
For more information on Unifrutti, please visit www.unifruttigroup.com or follow Unifrutti Group on LinkedIn
About Solum Partners:
Solum Partners is headquartered in Boston, Massachusetts, and manages approximately $1.9 billion in assets within the agriculture and food production industry. The firm utilizes its hands-on approach and industry knowledge to enhance the value of its investments and deliver attractive risk-adjusted returns for investors. The firm’s strategy is driven by a focus on strong partnerships, operational excellence, and continuous improvement and is underpinned by a comprehensive approach to ESG.
For more information on Solum, please visit https://solumpartners.com
About Alpine Fresh:
Alpine Fresh is a leading US player in the fresh fruit and vegetable market. The company specializes in growing, packing, and shipping their products, including berries, asparagus, French beans, and Brussels sprouts. Alpine Fresh operates its own farms and packing sheds, and also collaborates with other top growers globally to ensure year-round availability of their products to customers.
For more information on Alpine Fresh, please visit www.alpinefresh.com.
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Fintech PR
BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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View original content:https://www.prnewswire.co.uk/news-releases/bingx-joins-nbx-2025-as-a-gold-sponsor-empowering-blockchain-innovation-302402414.html
Fintech PR
Great Bay Insurance Group announces executive changes

WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice

LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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