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Founding Member Limoneira to Rejoin Sunkist Growers

1. Limoneira will rejoin Sunkist on November 1, 2025. 2. The agreement enhances market access and supply optimization. 3. Limoneira remains independent but shifts citrus sales to Sunkist. 4. Collaboration aims to create lasting value for growers and customers. 5. Both companies are poised to strengthen their market positions together.

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Why Bullish?

The rejoining of Limoneira with Sunkist is likely to enhance operational efficiencies and market presence in the citrus industry, aligning with historical trends where such partnerships have benefited the involved companies and their stock performance.

How important is it?

The partnership is significant due to its potential to drive growth and efficiency for LMNR, which can positively impact investor sentiment and stock performance.

Why Long Term?

The full effects of the reorganization will be realized over time, particularly as the citrus season progresses, similarly to past industry collaborations that have taken time to materialize benefits.

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VALENCIA, Calif., June 10, 2025

/PRNewswire/ -- Sunkist Growers, Inc., a citrus marketing cooperative founded in 1893, announced today that Limoneira Company, one of its original founding members, will rejoin the organization effective November 1, 2025. The move marks a meaningful reunion and a bold step forward for both companies.

"This is more than a return—it's a powerful alignment of shared history, values, and vision," said Jim Phillips, President and CEO of Sunkist Growers. "Together, we're transforming our collective capabilities into greater value for our growers, packers, and customers."

Under the new agreement, Limoneira will continue to operate as an independent business entity. However, all of Limoneira's fresh citrus sales and marketing responsibilities—primarily focused on lemons—will transition to Sunkist at the start of the new citrus season.

"We have long respected Sunkist's leadership and legacy in the citrus industry," said Harold Edwards, President and CEO of Limoneira. "Now is the right time to rejoin. Both organizations have evolved, adapted, and strengthened—and we're excited to build on that momentum to create lasting value for our growers and customers."

This reconnection is expected to drive expanded market access, optimize citrus supply, and strengthen the cooperative's ability to meet evolving customer and grower needs.

Both companies are looking forward to strengthening Sunkist's market position and expanding our reach through this renewed momentum and are committed to ensuring a seamless transition and continued service excellence heading into the new season.

About Limoneira:

(Nasdaq: LMNR), a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile, and Argentina. The company is a leading producer of lemons, avocados, and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.

About Sunkist:

Sunkist Growers, Inc. is a citrus marketing cooperative, founded in 1893, which is owned and operated by more than 1,000 growers made up of family farmers growing citrus in California and Arizona. For more information, visit www.sunkist.com.

All Rights Reserved. Sunkist is a registered trademark of Sunkist Growers, Inc., USA © 2025

SOURCE Sunkist Growers, Inc.

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