FDP Group Acquires Yen Bros Food Service

Vancouver, Canada – The FDP Group, a leader in the distribution of ethnic, organic, and conventional produce, has acquired Yen Bros Food Service Ltd. (“Yen Bros”), a food service distributor based in Vancouver, British Columbia.

Founded in 1972, Yen Bros has proudly served customers across the Lower Mainland for over 50 years, combining a commitment to exceptional customer care with an extensive range of quality fresh and processed produce, meats, dairy, grocery, and non-food products.

“This strategic acquisition will further strengthen our ability to service our food service customers and to meet their changing requirements,” said Adri de Wet, Group President. “Together, we’re building a stronger, more connected food network and we welcome Yen Bros to our group of companies.”

“At Yen Bros, success has always been rooted in quality, integrity and service. We are pleased that our values align seamlessly with the FDP Group,” said Ari Nikula, President of Yen Bros.

Looking ahead, the FDP Group will continue to prioritize its customers by providing exceptional service and quality by strengthening their global partnerships.

G2 Capital Advisors served as the exclusive buy-side advisor to the FDP Group, a portfolio company of Riverarch Equity Partners, on the successful transaction.

About FDP Group

The FDP Group, which includes Fresh Direct Produce Ltd., Emperor Specialty Foods Ltd., Islands West Produce Ltd, and Yen Bros Ltd., is one of Canada’s premier fresh produce distributors with locations in Vancouver, Calgary, Edmonton, and Victoria. The Group serves grocery retailers and food service customers across Canada with over 2,000 produce items that are sourced from over 36 countries and over 2,400 non-produce items.

About Riverarch Equity Partners

Riverarch Equity Partners is a middle market private equity firm that invests in industry-leading companies where it can partner with management to support accelerated growth. Riverarch is based in Pittsburgh, Pennsylvania.