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Total Produce acquires 50% of Californian exporter
Total Produce is pleased to announce that it has acquired a 50% equity stake in California based fresh produce company, The Fresh Connection. Founded in 1994 and headquartered in Lafayette, California, the company today is a big North American produce exporter with 2016 sales of US$ 165 million.
The Fresh Connection is engaged 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 serves its customers from operations in four key production regions.
The company partners with a network of growers throughout the US, Mexico, South America, South Africa, and Australia to enable it to provide many varieties of fresh produce, principally citrus, apples, pears, grapes, berries, cherries, and stone fruit, to its customers.
Hank Miller will continue as co-shareholder and CEO of the business and Will Mehrten will continue as President of the Company. “We are proud to partner with the Total Produce Group. This transaction will further strengthen the business we have developed and grown over many years. We believe our partnership will create opportunities for The Fresh Connection which will benefit all stakeholders, including our growers, suppliers, employees and, of course, our customers.”
"We are delighted to become shareholders in The Fresh Connection. This transaction further broadens our US presence and provides us with strategic access to other key markets. We look forward to working with Hank, Will and the excellent people in The Fresh Connection as it continues to develop its very successful business expansion in future years."
For more information:
Publication date: 11/3/2017
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