Canada's PSP Investments to become shareholder in Brazil orange juice producer Citrosuco

SAO PAULO, Dec 4 (Reuters) - Canada's pension fund PSP Investments is set to become a minority shareholder in Brazilian company Citrosuco, one of the world's largest orange juice producers, the firms announced in a joint statement released on Thursday.

• PSP Investments will hold a significant minority stake in Citrosuco, joining current minority shareholders Grupo Fischer and Votorantim, the statement said.

• The transaction is expected to be concluded in the next few months and is subject to customary closing conditions, according to the statement.

• The partnership between the three shareholders aims to accelerate Citrosuco's sustainable growth and global competitiveness, it said.

• PSP's expertise in global agriculture and forestry investments will support Citrosuco's long-term growth strategy in orange production and processing, it added.

• "Our investment reflects PSP's confidence in the long-term potential of the food and agriculture sector," Marc Drouin, global head of natural resources at PSP Investments, said in the statement.