For sale is a highly successful production company specialising in the production, sorting, packing and marketing of fresh and frozen fruits. This vertically integrated company utilises its farmed owned production of fruits as well as purchasing and process grading from external sources under supplier contracts. The company supplies well known brands and exports its products globally.
The company owns and operates from a 20+ acre fruit farm and 46,000 ft2 processing facilities. Located on the farm the facilities include fresh pack lines, Independent Quick Freeze (IQF) tunnel to process the frozen fruit, cold storages, and warehouses. The company has strong consistent sales year round due to its implementation of IQF products, allowing no distinct seasonality of sales and ability to export throughout the year. Operating from a facility which has been FDA approved, HACCP Certified by CFIA and GFSI Certified by PrimusLabs.
The demand for its products domestically and internationally has been growing at an annual rate of 10%, with Canada being the third largest producer worldwide. Because of this increasing demand vast growth opportunities exist, including expanding its facilities and farming exploits. The current owner is willing to provide training and transition as required to assure ongoing success of the business.
Asking Price: Upon Request
Normalized EBITDA: $6.5M
Sale Type: Share Sale
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