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GrubMarket Strengthens West Coast Presence with Acquisition of So Cal Farm Network
Wednesday 13 June 2018

13 June 2018 - California, US-based GrubMarket has agreed to acquire California-based seasonal product provider So Cal Farm Network to expand its produce and supply chain presence across the West Coast, the company said.

The terms of the deal were undisclosed.

GrubMarket will leverage its produce supply chain network and wholesaler relationships to quickly expand So Cal Farm Network's offerings to even more retailers, food service providers, and CSA programmes.

Additionally, this acquisition will further accelerate GrubMarket's produce supply chain presence across the West Coast, as So Cal Farm Network has many valuable synergies with GrubMarket's existing portfolio of brands.

GrubMarket said it will leverage So Cal Farm Network's expertise to further enhance and reinforce its existing produce supply chain capabilities.

GrubMarket's offers farm-fresh foods at prices that are up to 50% off what consumers would typically find at other grocers.
Details
Date Published: 13/06/2018
Target: Cal Farm Network
Country: USA
Sector: Agriculture/Forestry
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: GrubMarket
Comment:
Terms of the deal were not disclosed

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