Food and agriculture focused investment firm, Arlon Group, which targets investments across the Americas, announced it has acquired Savage, Maryland-based The Coastal Companies (Coastal) for an undisclosed amount.
Founded as Coastal Sunbelt Produce in 1992, Coastal is a leading processor and distributor of fresh produce and dairy products. Together with its subsidiaries, Coastal Sunbelt Produce and East Coast Fresh, Coastal sells to over 2,000 customers throughout the Mid-Atlantic states and the District of Columbia.
With offices in New York and Sao Paulo, Arlon Group invests in middle market business across the entire food and agriculture supply chains in markets spanning the Americas. In Latin America, the group works in partnership with family-owned Brazilian investment company, VR Investments that brings broad knowledge of Brazilian businesses.
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