Buderim Group Limited acquires Royal Hawaiian Orchards and MacFarms
Acquisition positions Buderim Group as global leader and largest retail marketer of macadamia nuts in the continental U.S.
Buderim Group Limited has completed the acquisition of Royal Hawaiian Orchards, the macadamia nut brand by Royal Hawaiian Macadamia Nut, Inc. (RHO, LP), and merged it with retail macadamia nut brand, MacFarms. The merger poises Buderim to become the largest marketer of macadamia nuts in the continental U.S. Currently, Royal Hawaiian Orchards and Buderim are Hawaii’s largest and second largest macadamia nut orchard owners, respectively, and are responsible for more than 65 percent of macadamia nut production in the U.S. combined.
“This transformational acquisition creates a platform for us to become a global leader in macadamia nut snacks,” said Andrew Bond, chief executive officer at Buderim Group Limited. “Leading the U.S. market—where there is significant growth potential for this healthy, nutrient-rich snack—will help us lay the groundwork for making our macadamia nuts a household staple across the world.”