HKW-backed Fresh Direct Produce buys Emperor Specialty Foods
Fresh Direct Produce Ltd has acquired Emperor Specialty Foods Ltd, a Richmond, British Columbia-based distributor of mushrooms, pears, and other specialty fruits and vegetables. No financial terms were disclosed. The seller was President Bob McDonald, who has led Emperor since its founding in 1986. Fresh Direct Produce, a Vancouver-based distributor of fresh, ethnic, tropical, organic and specialty produce, said the purchase of Emperor’s products, customers and locations will create new growth opportunities. Fresh Direct Produce was acquired last year by U.S. private equity firm Hammond, Kennedy, Whitney & Co (HKW).
18 July 2019•2 mins read
