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U.S.: Blue Road Capital to invest up to US$250M in Vanguard International












Vanguard







August 11th, 2015








Washington State-based fruit marketer Vanguard International has announced it has received a strategic investment from New York-headquartered agricultural fund Blue Road Capital. 








Product Availability


Mangos from Vanguard





As part of the investment, a new entity called ‘The Vanguard International Group’ has been created to acquire the business operations of Vanguard International.





About Vanguard




Blue Road Capital L.P., has agreed to invest up to US$250 million in the venture to grow Vanguard’s existing business and make strategic acquisitions of fruit and vegetable production assets throughout the world, as well as other complementary businesses.




12 Month Supply—Origins




Vanguard represents growers in over 25 countries throughout the major fruit and vegetable production areas. While Vanguard represents growers globally, our focus is on the following production areas:


12 Month Supply—Origins


Vanguard represents growers in over 25 countries throughout the major fruit and vegetable production areas. While Vanguard represents growers globally, our focus is on the following production areas:

      Africa-North: Egypt, Morocco
      Africa-South: Namibia, South Africa
      Australia
      Canada: British Columbia
      China
      Europe: France, Greece, Italy, Spain, Turkey
      India
      Japan
      Mexico
      South America: Argentina, Brazil, Chile, Peru, Uruguay
      Thailand
      United States: California, Florida, Oregon, Texas, Washington




The companies said all Vanguard staff would continue in ongoing operations, while CEO Craig Stauffer and CFO Guy Kisling would retain their role in the new entity, with the latter also given the role of chief analytics officer.



“We are very pleased with our strategic partnership with Blue Road, and believe Blue Road will enable us to continue to grow Vanguard’s global business and to develop a global vertically-integrated fresh fruit and vegetable organization, from farm to customer,” Stauffer said in the release.





“Furthermore, we expect to close on our first production acquisitions in the near future.”





Blue Road partner John Duryea said the company was excited to be investing in a group like Vanguard.




“They have earned a terrific reputation serving growers and customers throughout their supply chain and, with our capital investment and the company’s vertical integration, [we] expect to enhance these relationships.”




Based in Issaquah, Washington, Vanguard also has branch offices in Santiago, Chile; Stellenbosch, South Africa; Shanghai, China; Taipei, Taiwan; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Madrid, Spain; and Genoa, Italy.



Our products




12 Month Supply—Products



Vanguard supplies fresh fruits and vegetables from around the globe with special focus on the following core products:







Fruit


Vegetables

  Apples  Asparagus
  Berries  Broccoli
  Cherries  Carrots
  Grapefruit  Garlic
  Grapes  Ginger
  Guava  Lettuce
  Kiwifruit  Onions
  Potatoes
  Lemons
  Mangoes
  Melons
  Nectarines
  Oranges
  Peaches
  Pears
  Plums
  Pomelo
  Strawberries

Our products


In the fiscal year ending Dec. 31, 2014, Vanguard’s sales were approximately US$150 million.



Photo: www.shutterstock.com

www.freshfruitportal.com








About Vanguard's Management Team:



Leadership



Craig Stauffer


Craig Stauffer is Chief Executive Officer and a Founding Partner of Vanguard International. He studied International Economics and Political Science at the University of Oregon before working as a Trade Specialist for the International Trade Commission at the U.S. Department of Commerce. He was Vice President of International Operations at Fresh Western Marketing in Salinas, California, then President at Food Products International, a wholly owned subsidiary of Food Services of America, before leaving to found Vanguard.





Guy Kisling

Guy Kisling is Executive Vice President and Chief Financial Officer, and a Founding Partner of Vanguard International. After attending the University of Oregon, he worked at KPMG Peat Marwick as an accountant. Before founding Vanguard, Guy was Vice President of Finance and Operations at Food Products International, a wholly owned subsidiary of Food Services of America.





http://www.vanguardteam.com/home.php

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