Fresh Direct Produce has acquired Islands West Manufacturing, enhancing its product offerings and distribution capabilities in the competitive Canadian fresh produce market.

Target Information

HKW, a middle-market private equity firm dedicated to investing in growth-focused enterprises, has announced the acquisition of Islands West Manufacturing, Ltd. ("Islands West") by its portfolio company, Fresh Direct Produce, Ltd. ("Fresh Direct Produce"). Established in 1995 and based in Victoria, British Columbia, Islands West is a family-owned wholesaler specializing in produce, processed fruits, dried spices, and fresh-cut vegetables. This transaction furthers Fresh Direct Produce's mission to enhance its product offerings and market reach.

Fresh Direct Produce, headquartered in Vancouver, British Columbia, is known for its extensive distribution of over 1,000 organic and conventional fruit and vegetable products sourced from around the globe. The company has built a reputation as a premier importer, wholesaler, and marketer of fresh produce in Western Canada, operating three distribution centers across Vancouver and Calgary. This latest acquisition underscores Fresh Direct's commitment to innovation and quality in providing healthy food options.

Industry Overview in Canada

The fresh produce industry in Canada is a significant sector driven by increasing consumer demand for healthier food options and sustainable agriculture practices. As Canadians become more health-conscious, the