GrubMarket Acquires JC Cheyne; Mike Xu and Scott Fenters Comment

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Tue. January 16th, 2024 - by Chandler James

SAN FRANCISCO, CA - Acquisitions seem to be a key aspect of GrubMarket’s growth strategy, as proven by its most recent announcement. The wholesaler has revealed its acquisition of JC Cheyne, widely known as the “wholesale house of the finest onions and potatoes in the Bay Area.” JC Cheyne currently sells over 70 different items, including almost every color, size, and grade of potatoes and onions.

Mike Xu, Chief Executive Officer, GrubMarket

“It is evident that Jimmie, and now Scott, have done a wonderful job steering JC Cheyne to the levels of success that it is seeing today,” said Mike Xu, Chief Executive Officer of GrubMarket. “The company has an exceptional reputation in the Bay Area and has certainly earned the respect of its peers. Its highly diversified customer base, expertise in potatoes and onions, and proficiency in quick inventory turnover are a true testament to its strong business fundamentals. The entire JC Cheyne team treats each other like family, which aligns with GrubMarket’s commitment to taking care of our people and partners.”

JC Cheyne was founded over 60 years ago by fresh produce veteran Jimmie Cheyne. Today, JC Cheyne operates several stalls and a refrigerated warehouse at the Golden Gate Produce Terminal. The team’s attention to detail and quality enables JC Cheyne to rotate products quickly and optimize for freshness. The business will continue to be managed by its current leadership team, a press release stated.

GrubMarket has revealed its recent acquisition of onion and potato expert JC Cheyne

JC Cheyne will utilize GrubMarket’s innovative and proprietary WholesaleWare software suite, as well as Orders IO.

“This company started through the hard work and vision of Jimmie Cheyne, who instilled in all of us the core philosophy to take care of our business and relationships the way we would want our partners to take care of us. I am proud of what we have built at JC Cheyne and the sterling reputation we have developed over the years through our commitment to treat everyone with respect and integrity. We are excited to join the GrubMarket team, which shares our family-oriented values and cares as much as we do about cultivating strong and lasting relationships with both suppliers and customers,” said Scott Fenters, Owner of JC Cheyne.

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