LOS ANGELES, CA - California-based APB Inc. dba Vision Produce Company recently announced in a press release that it sold its interest in New Jersey-, Texas-, and Florida-based Vision Import Group, LLC. to Raul Millan and Ronnie Cohen. The results of this purchase did not include a change in ownership for Vision Produce Company.
After enjoying a 10-year-old partnership, the companies agreed to move forward in different directions with independent strategies. Both Vision Produce Company and Vision Import Group hope to create two powerhouse best-in-class companies out of this transaction, as they focus on their individual pursuits.
How will this divergence of power yield broader-reaching influence over the industry, and how will the purchase take shape? AndNowUKnow will continue to keep you updated with the latest fresh produce industry happenings.
