COLUMBIA, S.C., Dec. 13, 2024 /PRNewswire/ -- Fresh Express Inc. ("Fresh Express"), a leading brand in value-added salads and fresh produce, has announced the acquisition of McEntire Produce Inc. ("McEntire Produce"), a fresh-cut processor, repacker, and wholesaler supplying the foodservice industry since 1938. This strategic acquisition, confirmed by John P. Olivo, President of Fresh Express, and Carter McEntire, President and CEO of McEntire Produce, combines McEntire Produce's strong foodservice capabilities with Fresh Express's national retail supply footprint, unlocking exciting growth opportunities across the foodservice sector.
This transaction will allow the newly formed Foodservice Division of Fresh Express under the McEntire Produce name, to expand its reach and offer a national foodservice solution while leveraging Fresh Express's expertise in growing, harvesting, manufacturing, distribution, and innovation. McEntire Produce will benefit from Fresh Express's national platform, now with six plants across all regions of the country, access to an extensive grower network and advanced supply chain capabilities. The shared goal is to continue to build upon the long-standing and highly treasured key customer relationships, enhance Fresh Express's commitment to reducing total food miles and carbon emissions while lowering route-to-market costs for McEntire Produce products and to identify opportunities for growth and expansion.
"We are pleased to announce the acquisition of McEntire Produce by Fresh Express. This will significantly enhance our offerings and services to foodservice customers and consumers through increased investments in innovation, efficiencies, and food safety, and we will undertake a seamless integration of the business' strengths and employees," said John P. Olivo.
"For 85 years, McEntire Produce has been operating its produce business and distribution fleet in Columbia, SC, serving the local community and customers in more than 20 states across the East Coast. I am excited to continue growing the business in my new capacity of Vice President of Foodservice reporting to John Olivo," Carter McEntire said. "We would like to especially extend our deepest appreciation to our dedicated employees for their valuable contribution over the years, which are the foundation on which we all have built this highly respected business," he added.
Both companies share a strong commitment to food safety, a core value at the very heart of their culture and operations. By combining McEntire Produce's groundbreaking Simply Clean® wash system with Fresh Express's advanced RFID-based food traceability technology, the companies will further elevate their food safety programs, reinforcing their dedication to delivering superior products that build trust with consumers and customers alike.
North Inlet Advisors, LLC acted as the exclusive financial advisor to McEntire Produce and its related entities in this transaction.
SOURCE Fresh Express
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