Pacific Coast Producers, Inc. has acquired Oregon Cherry Growers, Inc. The transaction closed on June 16, 2017.
Duff & Phelps served as exclusive financial advisor to Pacific Coast Producers, Inc. and rendered a fairness opinion.
About Pacific Coast Producers, Inc.
Pacific Coast Producers, Inc. is an Agricultural Cooperative, owned by over 160 family-farms located in Central and Northern California. The company processes and packages fruits and tomatoes for private label retail and food service sales and represents growers of peaches, pears, grapes, apricots, apples and plums. It is the premier private brand supplies of canned fruits and tomatoes. Pacific Coast Producers, Inc. was founded in 1971 and is based in Lodi, California with distribution centers in Lodi, California and Yakima, Washington.
About Oregon Cherry Growers, Inc.
Founded in 1932, Oregon Cherry Growers, Inc. is a grower-owned cooperative made up of nearly 60 family farmers located in the Willamette Valley and along the Columbia River Gorge, who take great pride in producing the highest quality fruit. The cooperative is the largest grower-processor of sweet cherries in the world, including fresh, maraschino, glacé, frozen, IQF, dried and canned cherries, as well as a wide variety of dried fruit, servicing the foodservice, retail, and industrial ingredient channels.