Bakersfield-based carrots giant Grimmway Farms said Wednesday it has reached an agreement to sell to an Indiana conglomerate that focuses on agricultural investments.
The buyer is Teays River Investments LLC, an assets-management firm founded in 2009 and headquartered in Zionsville.
Terms of the sale agreement were not disclosed, and Teays could not be reached for comment late afternoon Wednesday.
To read the rest of the story, please go to: Bakersfield.com
Grimmway Farms, the world’s largest producer of carrots and nation’s largest producer of organic vegetables, hosted its annual company picnic at the Kern County Fairgrounds this past Sunday. Initiated over 30 years ago by company founders Rod and Bob Grimm, the picnic honors Grimmway’s dedicated employees and their families each spring. …
In furthering its commitment to environmental sustainability and social responsibility, Grimmway Farms has appointed Dana Brennan Vice President, External Affairs and Corporate Responsibility. Brennan, who has served as Grimmway’s Vice President of Government and Public Affairs since 2019, will continue in her current position as well as assume added responsibilities for the company’s Environmental, Social and Governance (ESG) data collection and reporting initiatives. …
The integration of San Miguel Produce’s fresh-cut operation expertise and resources into Grimmway’s portfolio will enable more unique product offerings and better serve the evolving needs of retailers and foodservice providers. Additionally, this will support Grimmway’s desire to proactively combat food loss and waste in the field, ensuring maximum utilization of the crop by providing post-harvest options not currently accessible to the company. …
© Copyright 2021 | Phoenix Media Network | All Rights Reserved | Terms of Service | Privacy Policy
