Crystal Valley Foods, Miami, is finalizing the purchase of Asian, tropical and specialty fruit and vegetable importer Joco Produce, Medley, Fla.
The acquisition expands Crystal Valley’s offerings, enhancing its ability to offer a diverse and full line of specialties, according to a news release.
Joco opened in 1983 and has a strong presence in foodservice and wholesale business, according to the release.
“The addition of the company’s product line will allow us to become that one-stop-shop for our customers and help us to deliver new and unique products year-round,” Jay Rodriguez, president of Crystal Valley, said in the release.
Crystal Valley in recent years has been bolstering core products while looking for new regions to source from and new products to offer, in part by acquiring companies, such as Team Produce, which became part of Crystal Valley in 2017, according to the release.
“The acquisition also comes at a perfect time for Crystal Valley as we have just completed an expansion and remodel of our Miami warehouse and we have additional cooler space for new items as well as a completely new and updated repacking area.”
Crystal Valley plans to start moving Joco’s operations to its Miami warehouse in December, but the process should be seamless for growing partners and customers, according to the release.
“Both companies are established and well recognized in the industry and our strengths as well as our combined inventories and staff will help build on our core competencies to promote future growth,” Joel Figueroa, president and owner of Joco Produce, said in the release.
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