Description of the Company
Mangos, S.A. (“ Mangosa ”) is an export oriented agro-industrial concern that grows, processes, packs and sells high-quality mangoes, asparagus, papaya, both for local consumption and exports.
Mangosa was founded in May 1978 with the objective of producing export quality mangoes, in accordance with a feasibility study prepared by the Central Bank of Nicaragua . Operations began with the planting of 115 hectares of mango of the Tommy Atkins variety in 1979 in the Fatima Farm under the supervision of technicians from the University of Florida in Gainesville . This was followed by the planting of 323 hectares of mango of the Tommy Atkins, Haden, Van Dyke, Sensation and Keitt varieties, also under the supervision of technicians from the University of Florida .
A Young Mango Tree in Bloom Promises a
In 1994, a technical team from Carb-Americas Produce identified Mangosa as an agricultural project with ideal climatic and agricultural conditions to supply mangoes to be sold in the US during the window between the time the Peruvian mango harvest ends and the Mexican mango harvest begins. As a result, Carb-Americas entered into a technical and marketing agreement with Mangosa . In October 1994, Mr. Fernando Paiz , President of Carb-Americas, acquired 70% of the shares of Mangosa from Financiera Nicaragüense de Inversiones.
Mangosa became a pioneer in large-scale mango farming in Latin America . Its Fatima farm has drip/gravity irrigated mango trees in 600 hectares (1500 acres) in an area with an average rainfall of only 30 inches per year, ideally suited for the production of mango and other dry-climate crops. A river that originates in the tropical mountains of Nicaragua crosses the farm, supplying it with plenty of water for its irrigation needs. In addition, a canal from Nicaragua 's national irrigation system crosses the property ( Mangosa has the legal rights to the first 20,000 gallons of water per minute from this canal). Years of experience in the production of mango have allowed the Company to develop technology and know-how that enables it to harvest the mango production in the months of January, February, March and April (with peak production between the 15 th of February and the 20 th of March), precisely the time when prices tend to peak in the United States and Europe. Mangosa currently exports the majority of its production to the east and west coasts of the US and to Europe ( Mangosa is in the process of obtaining authorization to export to Japan , Argentina , Chile and Brazil ).
Mangosa grows and packs its fruit and vegetables under strict control of fungus, diseases and insects, especially fruit flies. Mangosa limits its harvest and distribution efforts strictly to its own production, thus ensuring adherence to the highest quality standards and export requirements.
Its packinghouse is located at the center of its plantation. The longest distance its fruit travels from the field to its processing facility is three miles, providing the Company with an additional advantage over other producers in fruit post-harvest handling and shelf life. Its packinghouse is equipped with the best and latest post harvest-technology and is capable of handling 22,400 ten-pound boxes of fruits per day
Its farm and packaging facilities are HACCP (Hazard Analysis Critical Control Point) USDA certified, assuring its clients that its post harvest practices meet the highest standards of quality and that the fruit leaves the packinghouse free of any contaminants. Its Miami office is responsible for customs clearance and USDA inspection of all shipments.