LAKE MARY, Fla., June 02, 2025 - Vanguard Food LP, a joint venture between Kennedy Lewis Investment Management, Sweat Equities, and Village Farms International, has announced the closing of a significant transaction aimed at transforming the North American produce industry. This move privatizes select assets and operations of Village Farms International's fresh produce segment, positioning the new entity as an emerging leader in the market. The joint venture plans to leverage additional capital to pursue a roll-up strategy, acquiring other North American produce brands and assets, while expanding product offerings through mergers and acquisitions. Michael A. DeGiglio, CEO of Village Farms and interim CEO of Vanguard Food LP, expressed enthusiasm about the partnership's potential to drive innovation and growth in the produce sector.
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