C.H. Robinson acquires produce sourcing and marketing companies
C.H. Robinson acquires produce sourcing and marketing companies
C.H. Robinson Worldwide Inc., based in Minneapolis has acquired the operations and certain assets of three produce sourcing and marketing companies: FoodSource Inc., FoodSource Procurement LLC and Epic Roots Inc. The three companies combined had gross revenues of approximately $270 million in 2004. Terms of the acquisition were not disclosed. The FoodSource entities, based in Monterey, CA, provide a variety of produce sourcing and distribution services including produce procurement, contract management, private-label brand management, new-item development, merchandising, packaging and