Village Farms to Privatize Fresh Produce Segment in Transformative Asset Transaction

Reuters
13 May
Village Farms to Privatize Fresh Produce Segment in Transformative Asset Transaction

Village Farms International Inc. has announced a significant transaction to privatize certain assets of its Fresh Produce segment. This involves the transfer of its Texas-based, 40-acre Marfa II and 40-acre Fort Davis greenhouse assets, along with its produce-related intellectual property and produce distribution facilities, to a newly-formed joint venture called Vanguard Food LP. The transaction aims to reposition Village Farms' fresh produce business independently, supported by new strategic capital partners. The deal is set to close in the second quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Village Farms International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9449799-en) on May 12, 2025, and is solely responsible for the information contained therein.

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