SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (“Limoneira” or the “Company”) (NASDAQ: LMNR) announced today that it has entered into a purchase agreement to acquire 757 acres of lemon, orange and specialty citrus orchards in San Joaquin Valley for approximately $15.1 million. The transaction is expected to close on November 30, 2015. The orchards are being acquired pursuant to purchase options contained in certain operating leases the Company has had since 2012 for approximately 1,000