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Announced

Completed

GrubMarket completed the acquisition of Vega Produce.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Completed

United States

Single Bidder

Majority

fresh produce

Food Products

Acquisition

Private

Domestic

Synopsis

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GrubMarket, an online marketplace, completed the acquisition of Vega Produce, a global fresh produce company that provides the highest quality Asian fruits and vegetables. Financial terms were not disclosed. "Our true north is to continue to sustain, nourish, and feed countless families, and we are blessed to make a valuable contribution to this country, our families, our customers, our vendors, and beyond. We strive to be the most reliable distributor of the highest quality products for our customers across the nation and we also offer access to a best-in-class grower network across North and South America," Alejandro Toro, Vega Produce President.

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