August 30, 2017

Limoneira and Suntreat Advance Their Alliance to the Next Level

SANTA PAULA, Calif.--(BUSINESS WIRE)-- Limoneira Company (NASDAQ: LMNR), a leading agribusiness with prime agricultural land and operations, real estate and water rights throughout California, Arizona, and Chile, and Suntreat, part of the AC Foods family, a leading citrus sales, marketing and packing organization, have announced further go-to-market strategic initiatives.

"Limoneira and Suntreat have worked together for a number of years and elevating our alliance made sense," said Alex Teague, Limoneira Chief Operating Officer. Throughout their 60-year history, Suntreat has grown, packed and sold California's finest citrus including lemons, oranges and specialty varieties. They are located throughout the San Joaquin Valley.

"Suntreat is in a high growth mode and even with our increasing acreage we are running to meet the needs of our customers," said Darren Filkins, Suntreat President. "Our companies have complementary strengths and this alliance enables us to continue to be the preferred partner for our customers with citrus. Just as important, it will enable both entities to realize strategic goals even more quickly."

John Carter, Limoneira Director of Global Sales, stated, "Furthering our business collaboration with Suntreat will enable us to build on our One World of Citrus™ model and increase our volumes to North American and International markets. Our goal is to be everything citrus to our global customer base and provide best-in-class quality and consistency. We'll get them the varieties they want whenever and wherever they want them."

About Limoneira Company

Limoneira Company, a 124-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (pronounced lē mon΄âra) is a dedicated sustainability company with over 11,200 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, and Chile. The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.

About Suntreat and AC Foods

AC Foods is a regenerative food family of farms, nurseries, packinghouses, and marketing and sales companies with the shared purpose of growing access to better, tastier, and healthier food. AC Foods is committed to improving the land on which we farm and making the communities where we operate, better places. AC Foods has operations in California, Oregon and Australia.

Suntreat Packing & Shipping Company, part of the AC Foods family, has 18,000 acres in production and is located in the San Joaquin Valley, the heart of California's world-renowned agricultural region. Throughout their 60-year history, they have partnered with the finest growers and built their business based on innovation, reliability and consistently great products. For more about Suntreat, visit www.suntreat.com.

Limoneira
John Chamberlain
Director of Marketing
805-525-5541 ext.1056
JChamberlain@limoneira.com
or
Suntreat
Brett Burdsal
Director of Marketing
559-805-2085
brettb@suntreat.com
or
ICR
John Mills
Partner
646-277-1254
John.mills@icrinc.com

Source: Limoneira Company

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