SOURCE: Limoneira Company

August 18, 2008 12:46 ET

Limoneira Company Selects Rabobank as Its Financial Services Provider

SANTA PAULA, CA--(Marketwire - August 18, 2008) - Limoneira Company (PINKSHEETS: LMNR), one of California's largest agribusinesses and a prominent community builder in Santa Paula, has selected Rabobank as its financial services provider.

Rabobank is part of the global Rabobank Group, which provides a full-range of financial services and is a leader in food and agri financing and sustainability-oriented banking.

"We are thrilled to begin our relationship with Rabobank," says Harold Edwards, Limoneira Company CEO. "The Rabobank network provides us with the opportunity to work with several individuals that we consider to be the best in the industry."

"Rabobank has been providing financial services to the agriculture industry for more than a century," says Jetze Kempenaar, regional manager of Rabobank's agri finance division. "Limoneira can now leverage our industry knowledge and international presence to expand into new markets here and overseas."

"Our organizations are well matched from a cultural perspective as well," says Jeff Paul, Rabobank regional president. "Limoneira and Rabobank are both leaders in their respective industries and are deeply committed to their customers, employees, and the community. We are honored by our association with Limoneira. "

"With Limoneira's global agribusiness and our company's regional and local real estate projects, we will be able to maximize several strategic initiatives and take our company to the next level of success," explains Edwards.

"From a banking perspective, Limoneira and Rabobank are an ideal fit," adds Steve Shinsky, regional manager of Rabobank's commercial banking division. "Rabobank can provide the close, personal service of a community bank and the depth and breadth of products and lending capacity of a large bank. That unique combination of qualities allows us to accommodate a variety of Limoneira's needs."

Limoniera Company has over 7,000 acres in active agricultural production and distributes its products through Sunkist and Calavo. The company is traded on the Pink Sheets under the symbol LMNR.

For more information about Limoneira Company, go to www.limoneira.com.

Contact Information

  • Contacts:
    John Chamberlain
    Limoneira Company
    Director of Marketing
    (805) 525-5541 Ext 256
    Email Contact

    Diane Rumbaugh
    Rumbaugh Public Relations
    (805) 493-2877
    Email Contact