April 23, 2012

Apio acquires GreenLine Foods

Apio, Inc., a subsidiary of Landec Corporation and a leading producer of fresh-cut vegetable products, has acquired GreenLine Foods, Inc. from The Riverside Company, a global private equity firm.

GreenLine Foods is the leading processor and marketer of value-added, fresh-cut green beans in North America. With primary production facilities in Bowling Green, Ohio, and Hanover, Penn., GreenLine has additional production operations in Vero Beach, Fla., and Pico Rivera, Calif., along with distribution centers in New York and South Carolina. The addition of GreenLine’s significant footprint on the east coast and dedicated fleet of privately owned trucks is a strong complement to Apio’s California base of operations, according to a company news release.

“It is unique to find two companies so well suited for each other,” said Ron Midyett, CEO of Apio. “The GreenLine team brings deep operational, sourcing and transportation expertise, as well as solid industry relationships.”

With this acquisition, Apio, Inc. is now able to offer its customers the GreenLine brand of value-added green bean products and the Eat Smart brand of value-added bag and tray vegetables.

“GreenLine is excited to become a part of the Apio family,” said Jeff Rettig, senior vice president of operations at GreenLine. “Apio’s industry leadership, strong new product innovation capabilities and investment in packaging technologies will create new opportunities for growth for the GreenLine brand.”

In time, Apio will be working toward creating single order entry and streamlined transportation options.

 

 





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