GrubMarket extends reach with specialty fruits acquisition
GrubMarket, which is focused on food ecommerce, has completed the acquisition of Bengard Marketing Inc., a longstanding provider of high quality domestic and imported specialty fruits directly from sustainable growers in Chile, Argentina, Peru, New Zealand and the United States. Bengard Marketing has been one of the biggest providers of South American cherries and stone fruits on the West Coast.
This is GrubMarket's sixth acquisition in the Los Angeles area. The company plans to continue bolstering its strategic presence in the region. Bengard Marketing will remain based in Los Angeles, and will continue to be managed by its current leadership team.
In 1978, Jim Bengard, the founder of Bengard Marketing, established one of the West Coast's first import programs with Chile. Later, programs from Argentina and New Zealand were added. In 2010, His son, Broc Bengard, took over Bengard Marketing and continued to build on the values of integrity and honest relations with buyers and suppliers. Bengard Marketing has grown from a 200,000-package import program in the early 1980s to a 1 million package program today.
"We are delighted to join the GrubMarket family and look forward the new growth opportunities that GrubMarket's technology and network will bring," said Broc Bengard, CEO of Bengard Marketing. "Bengard Marketing built its success with buyers and suppliers on integrity and honesty. GrubMarket shares the same principles we have. Coming together allows us to promote the sustainability of healthy food from farm to fork and grow wherever suppliers and buyers need an honest, hardworking partner. For more than 35 years, it has been our honor to bring quality, freshness and food safety to the marketplace, a tradition to be continued as we move ahead."
"Bengard Marketing is a highly reputable specialty fruit provider with a passion for people and produce," said Mike Xu, CEO of GrubMarket. "They created a business sector of sourcing sustainable fair-trade produce from South America, and have since then been a top provider of cherries and stone fruits from South America. Their customer centric team works directly with sustainable growers in Chile, Argentina, Peru, New Zealand, and the United States to supply high quality fruits to the US market. We are thrilled to welcome them to the GrubMarket family. Together, we will strengthen our customer base and extend our grower network to Latin America and Oceania. Their deep insights of cross-continent food supply chain, logistics and warehouse management will also benefit the evolution of our software technology."
Lastly, Bengard Marketing will now be able to utilize GrubMarket's innovative proprietary WholesaleWare software suite, the company's Software-as-a-Service platform providing food industry suppliers and vendors with seamless financial management, easy-to-use online ordering and sales, precise inventory management, and engaging CRM tools.