Announced
Completed
Synopsis
Private equity firm Stellex Capital Management completed the acquisition of Country Fresh and Sun Rich USA assets from Fresh Food Group, which provides fresh-cut fruits and vegetables, food service solutions and freshly-prepped meals. Financial terms were not disclosed. "Country Fresh was an early pioneer in providing innovative produce solutions to retailers and was instrumental in growing the value-added fresh product category. We are pleased to once again partner with Doug and Bryan to drive renewed focus on product innovation, quality, and service. We want to let Country Fresh's valued customers know the company has an entirely new balance sheet with significant equity support, and Doug and his team have Stellex's financial and strategic resources at their disposal," Trey Lee, Stellex Principal.
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