FreshEdge has acquired Panama Banana, enhancing its presence in the Midwest and expanding its service capabilities in the fresh food distribution sector.

Target Information

FreshEdge, a super-regional distributor of fresh food solutions, has successfully acquired Panama Banana, a prominent wholesaler and distributor of high-quality produce based in the Chicago International Produce Market. With nearly a century of experience, Panama has established itself as one of Chicago's leading distributors, renowned for its commitment to freshness, quality, and customer service. The company's state-of-the-art facility includes ripening rooms, cold coolers, climate-controlled docks, and logistical support, enhancing its operational capacity.

This acquisition marks a significant step for FreshEdge in expanding its footprint in the Midwest, particularly in the dynamic Chicago market. By integrating Panama's expertise and resources, FreshEdge aims to bolster its warehousing capabilities and provide value-added ripening services, thereby improving service delivery to its diverse retail and foodservice clientele.

Industry Overview

The fresh food distribution industry in the United States, specifically in the Midwest, is characterized by a robust demand for high-quality produce driven by an increasing consumer preference