Arlon Group, an investment firm focusing on investments in middle market businesses along the entire food value chain in the Americas, has announced the acquisition of a significant stake in Brazilian producer of packaged frozen vegetables, Grano Alimentos S.A. Founded in 2000, Grano Alimentos has a significant share in Brazil’s fast-growing frozen vegetable market, using a ‘semi-integrated’ sourcing method that enables the sourcing of vegetables from regional producers year round.
Roberto Denuzzo, formerly of Bunge and Sadia has joined the company as CEO, and Gustavo Cochlar, formerly of Ambev has joined in the position of CFO. Grano Alimentos founder and former CEO, Edi Deitos will remain on the board of directors along with Charlie Conner and Bruno Silva, appointed to the board as Arlon’s representatives under the deal agreement.
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