HKW has sold Fresh Direct Produce, a Vancouver-based distributor of fresh produce, to PNC Riverarch Capital as a result of successful growth and strategic acquisitions during their partnership.
Information on the Target
Fresh Direct Produce, Ltd. is a dynamic distributor of fresh, ethnic, tropical, organic, and specialty produce, headquartered in Vancouver, British Columbia, Canada. The company has built a reputation for its diverse offerings, serving a growing market demand for quality produce tailored to various consumer preferences.
Since its inception, Fresh Direct Produce has achieved significant growth, demonstrating its commitment to excellence and customer satisfaction. Under the leadership of President and CEO, Davis Yung, the company has expanded its operations and market presence, setting a solid foundation for future development.
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Industry Overview in Canada
The produce distribution industry in Canada has undergone substantial transformation, driven by increasing consumer demand for diverse and high-quali
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