Philadelphia wholesaler Ryeco LLC has acquired two additional units on the Philadelphia Wholesale Produce Market (PWPM), expanding its product line and ability to service customers. “On July 1st, we acquired two units previously owned by the Lipman Company and operating under Colace,” says John DiFeliciantonio, partner with Ryeco.“
The acquisition has expanded Ryeco’s product line adding a substantial selection of high quality imported and domestic hot house products, especially tomatoes and colored peppers, as well as increased local produce offerings. “We now have significant volume in cluster, beefsteak, plum, campari and other vine tomatoes as well as colored peppers,” says DiFeliciantonio. “We have the privilege to work with such renowned growers as Village Farms, Intergrow and Eurofresh. This product is really well received by customers who appreciate the quality these shippers provide.”
Ryeco is enthusiastic about the experienced talent gained from the purchase. “Richard Mastero is now our main salesperson for the hothouse products and he has over 20 years experience with hot house growers,” reports DiFeliciantonio. “Sean Storey, another 20 plus year veteran, is dedicated to our local farms and affords us a larger representation of local produce. Two other 20-year-experienced managers, Ken Sanger and Kevin Sanger, are a valuable addition to our team. Across the board, the new personnel are fantastic and will add a lot to our business.”
The new space, like all the space at the PWPM, is state-of-the-art in terms of technology and facilities. Ryeco intends to use the acquisition to spur additional growth in the future. “This is a huge step for us and will help make our business more successful,” says DiFeliciantonio. “This is a big shot in the arm volume-wise and we intend to capitalize on the opportunity to provide even more comprehensive programs to our customers.”
Source: Ryeco LLC
