Village Farms International and Vanguard Food LP Announce Completion of Joint Venture to Lead North American Produce Industry

Reuters
02 Jun
Village Farms International and Vanguard Food LP Announce Completion of Joint Venture to Lead North American Produce Industry

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.

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: GNW9461417-en) on June 02, 2025, and is solely responsible for the information contained therein.

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