AGRO Merchants Group Acquires Dean’s Services in Oakland, California

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Acquisition will extend the Company’s presence to the U.S. West Coast and expand its temperature-controlled footprint by an additional three million cubic feet of capacity.

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Dean’s is a family-run business, with the values, culture, and strong customer focus that we look for in our partners.

AGRO Merchants Group has completed the acquisition of Dean’s Services (“Dean’s”) in Oakland California. Located in the Bay Area just a few miles from the Port of Oakland, Dean’s operates one of the largest refrigerated warehouses in Northern California for frozen, chilled, and dry goods and is the largest 3rd party meat import location on the U.S. West Coast. This most recent investment, combined with AGRO’s existing Mullica Hill Group Companies (Mullica Hill, NJ) and AGRO Charleston (Charleston, SC), will solidify AGRO’s position as the industry’s leading meat import and export trade support provider with nationwide coverage.

Operating in the overweight corridor, Dean’s has been supporting the temperature-controlled import & export trade in the Port of Oakland for more than forty years, and offers a variety of solutions including: USDA imported meat inspection, loading and unloading of ocean containers and railcars, less-than-truckload, full-truckload, and local port drayage based transportation cold storage and handling, trans-load and cross-docking, and other value added services.

Chris Hughes, Partner and President of AGRO Merchants Group U.S. said, “Dean’s is a family-run business, with the values, culture, and strong customer focus that we look for in our partners. Ron and his family have been delivering quality-based, value-added services to their customers for many years, and have developed an extremely strong brand in the marketplace by consistently delivering tailored, cost effective solutions. Founder and President, Ron Dean, will continue to lead the efforts at Dean’s for our team.”

Ron Dean said, “We are excited to become a member of the AGRO Merchants Group global family of companies. They are a world-class organization that is aggressively executing upon their strategy of establishing a scalable network of high-quality cold storage assets and solutions to support food-based customers in key international markets.”

AGRO Merchants Group will continue to invest in the latest storage, transportation, and import/export technology to support industry innovation, including immediate plans to invest an estimated $5 million in new facility upgrades and additional storage and throughput capacity at Dean’s.

About AGRO Merchants Group

AGRO Merchants Group is focused on providing innovative cold chain solutions on a global basis by partnering with the highest quality family-operated businesses and creating new, reliable, and integrated trade networks to help its customers grow. The Company will be investing in modern assets, industry-leading technologies, and value-added service offerings to ensure the highest quality supply chain management standards in the industry. For additional information, please visit AGRO’s website at http://www.agromerchants.com

AGRO Merchants Group Press Contact:

Steve Denker
TopRight Partners
950 East Paces Ferry Road
Atlanta Plaza, Suite 2195
Atlanta, GA. 30326
sdenker(at)toprightpartners(dot)com
+1-404-631-6929 x103

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Steve Denker
@agromerchants
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