Rica Foods, Inc (AMEX:RCF) announced today it has signed an Engagement Letter with the Wall Street Investment Banking Firm of Ladenburg Thalmann & Co, Inc. (“Ladenburg Thalmann”). Ladenburg Thalmann, founded in 1876 and a NYSE member since 1879, is a full service investment banking and brokerage firm based in New York, with regional offices in Cleveland, Boca Raton and Los Angeles. Ladenburg Thalmann’s investment banking and research departments specialize in middle market companies and emerging growth businesses.
Ladenburg Thalmann is going to assist Rica Foods in its corporate and expansion plans, including the possibility of issuing debt or equity securities, debt restructuring and any project financing. “This new business liaison should prove to be the link for all future expansions. We expect to take advantage of our growth opportunities,” Mr. Calixto Chaves, President and CEO of RCF said today.
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“RCF considers Ladenburg Thalmann to be the partner needed to enhance its operations growth and financial strength, and the vehicle to take its development to the next level,” Mr. Chaves concluded.
