TOTAL PRODUCE strengthens its presence in the US with the acquisition of 50% of THE FRESH CONNECTION
United States
Tuesday 07 November 2017
FJ | Total Produce Plc
The TOTAL PRODUCE group continues to build effective strategic partnerships, operating at more than 120 sites in 26 countries.
TOTAL PRODUCE PLC announced the purchase of a 50% interest in California-based company THE FRESH CONNECTION and today one of North America's leading product export companies with sales of approximately 165 million USD.
THE FRESH CONNECTION was founded in 1994 and is headquartered in Lafayette, California. The company operates in the year-round distribution and export of a wide range of fresh fruits and vegetables to customers in more than 35 countries.
The company is associated with a network of trusted farmers-producers in the United States, Mexico, South America, South Africa and Australia that allows it to offer many varieties of Fresh Fruits & Vegetables, mainly citrus fruits, apples, pears, grapes, berries, cherries and stone fruits.
"We are delighted to become shareholders of THE FRESH CONNECTION and this transaction expands our presence in the United States and gives us strategic access to other key markets," commented Carl McCann, president of TOTAL PRODUCE. "This transaction will strengthen the business we have developed over the years and we believe that our partnership will create opportunities for THE FRESH CONNECTION that will benefit all stakeholders, including our producers, suppliers, employees and, of course, , our customers "commented Mr. Hank Miller, CEO of THE FRESH CONNECTION.
source : Total Produce LinkedIn