The New Jersey company Fresh Harvest Products has announced that it has completed the acquisition of the New York based company, also called Fresh Harvest Products. The company is to file an 8K form with the SEC detailing the specifics of the deal.
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A company statement said that Fresh Harvest Products was incorporated and then funded privately in New York State in 2003 with the aim of becoming the first global organic food company to bring to consumers healthy food products at reasonable prices through both regional and national supermarkets.
Since 2003, the statement continued, Fresh Harvest Products has studied the organic food market, created brands with distinctive labelling, developed distribution relationships, established a global procurement programme and assembled a core management team to build the business on a global basis.
The natural and organic foods sector currently represents about 2% of the total US$680bn US food market, according to the US Agri-Food Market Profile.
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