Announced
Completed
Synopsis
GrubMarket, a food eCommerce company, completed the acquisition of Coast Citrus Distributors, a wholesale distributor of fresh tropical fruits and vegetables. Financial terms were not disclosed. "We are thrilled to welcome Coast Citrus Distributors to the GrubMarket family. Their exceptional reputation in tropical and other unique commodities, extensive grower partnerships, and strategic presence throughout the US significantly enhance our capabilities to provide high-quality produce to our customers nationwide, year-round. This acquisition is, so far, the largest acquisition in the history of GrubMarket. Coast Citrus Distributors perfectly complements our business and aligns with our plans for strategic growth across North America," Mike Xu, GrubMarket CEO.
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