Arlon Group acquires The Coastal Companies

Arlon Group, a food and agriculture investment firm focused on investing in the Americas, announced that it has, in partnership with the existing management team, acquired The Coastal Companies ("Coastal"), based in Savage, Maryland.

Coastal is a leading distributor and processor of fresh produce and dairy products in the Mid-Atlantic region of the United States. Coastal was founded as Coastal Sunbelt Produce in 1992 and operates a fleet of 175 trucks, delivering daily to over 2,000 customers across six East Coast states and the District of Columbia. Coastal is committed to food safety, quality, service, sustainability and staff development and has established itself as an industry leader.

Coastal's senior management team will continue to lead the business, with John Corso serving as President and CEO, Ross Foca as President of East Coast Fresh, Bob Lahmann as CFO and Larry Brown as Executive Vice President of Sales and Purchasing. As part of the investment, David Tanner, Chris Allen and Peter Webel from Arlon Group and Jay Pack, a long-time produce industry executive, have joined the Company's Board of Directors.

For more information, visit www.arlongroup.com.