We represent a Food & Beverage specialty food ingredient/alternative sweetener industry client that is the #1 Specialty food prune concentrate supplier in the USA.
Prune concentrate is in great demand globally as an alternative natural, healthy, high antioxidant sweetener -diabetic safe - and is well positioned to be a leader in the growing $1.1 billion alternative sweetener industry. The company generates between $3 million -- $8 million in EBITDA.
The company grows plums on 2500 acres in California, processes them into prunes and then through a proprietary process processes most of the prunes into prune concentrate which is used as a healthy, natural sweetener for major food companies globally such as Gerber Baby Food, Heinz, and Cadbury-Schweppes and to customers around the world, including Japan, Hong Kong, Germany, Italy, Russia, Canada, Thailand, and South Korea. The Company is also the key supplier of prunes to major US brands. For all practical purposes this is a completely organic process -- meeting the strict standards of Japanese buyers -- but is not certified organic.
Founded over a century ago, this Company has been a recognized leader in the local agribusiness for over 70 years and remains a strong, family-owned and operated business with deep roots throughout California. This is a golden opportunity to acquire a company with seasoned management and substantial Growth Initiatives underway.
This exceptional company is projected to generate over $8 million annually in EBITDA. This is a truly extraordinary opportunity for the right buyer.
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