Lipman Family Farms has acquired Farm Fresh, a Phoenix-based company, according to a LinkedIn post about the transaction. The deal is completed. The purchase price was not disclosed in the source.
The source states that with the acquisition, Lipman Family Farms is expanding in the Western United States, adding to its value-added processing capacity and supply chain resilience. According to the source, the move is intended to help serve rising retail and foodservice demand nationwide.
No further details on the transaction, including its terms, advisers or closing date, were provided in the source.