T&G Global, Grandview Brokerage form venture to align US fresh produce assets

Thu, 02 Mar 2017

By Jonathan Underhill March 3 (BusinessDesk) - T&G Global, the fruit marketer controlled by Germany’s BayWa, has agreed to a joint venture in the US that it says will improve its access to the American fresh produce market. The agreement between the Auckland-based company and Grandview Brokerage (GBL), the parent of Vancouver-based Oppenheimer Group, will see T&G increase its stake in US produce marketing and distribution business David Oppenheimer and Co to 39.4 percent from 15 percent, with GBL holding the remaining 60.6 percent. At ...

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