SAN FRANCISCO, CA - GrubMarket has officially completed its acquisition of VIP Wholesale, a San Diego-based supplier of quality produce and specialty foods. This marks GrubMarket’s second Southern California acquisition in 2019 and furthers its presence on the West Coast by building out its portfolio of wholesale companies.
"VIP Wholesale is an incredibly reputable and long-standing food supplier in the San Diego region,” said Mike Xu, CEO of GrubMarket, in a press release. “We sincerely look forward to welcoming them into the GrubMarket Family, as we have some exciting plans in the works."
VIP Wholesale services single-unit restaurants, chain restaurants, traditional markets, grocery stores, schools, and large institutional accounts across the San Diego region. Now that it is under the GrubMarket umbrella, VIP Wholesale will be able to leverage the company's robust produce supply chain network, geographical presence, and innovative technologies to further its own growth.
“GrubMarket recognizes the corporate values of VIP Wholesale and shares the same spirit as our team. They are deeply aligned with our focus on providing maximum value to our customers at all times. We look forward to leveraging this new relationship to further expand our business and grow our sales to the next level,” added Huy Huynh, CEO of VIP Wholesale, who has led the company for more than 15 years.
VIP Wholesale will remain headquartered in San Diego, and it will continue to be managed by its current leadership team.
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