Fruit firm will chew on new owner

LAKELAND — A group of Illinois investors with holdings in the processed fruit industry acquired Florida Bulk Sales Inc., a Lakeland-based trader and distributor of industrial fruit ingredients.

Financial terms of the agreement were not disclosed.

The buyers include Greenwood Associates Inc. and Chicago Processed Fruit Group, according to a release. The partnership plans to continue operating the 27-year-old Florida Bulk Sales, which currently has five employees. The company is an importer and exporter of several fruit products including juices, concentrates, purees and pieces.