Strategic Acquisition to Expand Crystal Valleys Extensive Line of Specialty Fruits and Vegetables
Crystal Valley Foods (Crystal Valley) announced today that it has finalized the acquisition of Team Produce International Inc. (Team), a leading marketer and importer of fresh asparagus, berries, stone fruit and other specialty items from Central and South America. The acquisition further enhances Crystal Valley’s ability to diversify and offer premium fresh specialty fruits and vegetables to its customers throughout North America.
Team is a well-respected company in the industry and has been very successful with the grocery retail and foodservice channels and specialties over the last 16 years. “We look forward to leveraging Team’s successes, more retail focused customer base, and diverse, high quality product line,” stated Jay Rodriguez, President of Crystal Valley Foods. “Their imports from Peru, Mexico, Chile, and Guatemala, including berries and stone fruit, as well as their domestic items, will be a perfect complement to our product line and will further aid us in being that one-stop-specialty-shop for our customers.” Through the acquisition of Team, Crystal Valley will also have expanded entry points allowing them to ship to McAllen, San Luis, Los Angeles, South Florida, and the Northeast and enabling them to cover the country from coast to coast.
“As a pioneer in asparagus and baby vegetable imports, we plan on continued growth by focusing on innovation and growing new and unique specialty products,” said Jay. “The acquisition of Team is just one step of many in order to expand our presence and better serve our customers.”
All of Team’s employees, including sales and procurement, will be joining Crystal Valley and will be based in its Miami facility.