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Sunrise Produce completes acquisition of Moceri Produce to Expand Local Footprint in San Diego

May 28, 2024over 1 year ago

Acquiring Company

Sunrise Produce

Acquired Company

Moceri Produce

FullertonSan DiegoFood And BeverageRetailAgriculture and FarmingManufacturing

Description

Sunrise Produce, a leading wholesale produce distribution company based in Southern California, has announced its acquisition of Moceri Produce, a leading specialty produce distributor based in San Diego. This strategic acquisition expands Sunrise’s local footprint in San Diego to become the city’s largest produce distributor and one of the leading produce distributors in Southern California, enhancing the exceptional customer service and highest quality products each brand is known for. The terms of the transaction were not disclosed.

Company Information

Company

Sunrise Produce

Location

Fullerton, California, United States

About

Sunrise Produce is recognized as a leading wholesale produce distribution company in Southern California, providing customers across the specialty and white tablecloth restaurant and resort, education, healthcare and retail sectors with the freshest produce and perishable foods available. For more than three decades, Sunrise Produce has fostered lasting relationships with the most reputable growers in the industry, ranging from wholesale commodity growers, organic growers, and local family farmers supporting local sustainable growth. Through deep industry knowledge, a passionate work ethic and customized approach, Sunrise Produce delivers a diversified product offering with the strongest levels of quality, service and value to its customers.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed