Limoneira Company is an agribusiness and real estate development company. The Company�s operations consist of fruit production, sales and marketing, real estate development and capital investment activities. The Company has three business segments: agribusiness, rental operations and real estate development. Its agribusiness segment generates the majority of its revenue from its farming and lemon packing and sales operations; its rental operations segment generates revenue from its housing, organic recycling and commercial and leased land operations; and its real estate development segment primarily generates revenues from the sale of real estate development projects. In September 2013, it acquired Associated Citrus Packers, Inc. (ACP). In October 2013, the Company acquired approximately 760 acres of agricultural property in the town of Porterville in Tulare county, California.