Total Produce acquires 65% stake in Progressive Produce
date:Feb 04, 2016
company's executive management team.

Total Produce chairman Carl McCann said: We are delighted to become co-owners in Progressive Produce.

This transaction with a leading California produce company further broadens our US operations and is in line with our strategy.

We look forward to working with the excellent people in Progressive Produce as it continues to develop its very successful business expansion in future years.

The purchase consideration will be satisfied with an initial payment
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