Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the exclusive financial advisor to the Stadelman Fruit Company (“SFC”), in the sale of Stadelman’s pear operation to Mount Adams Fruit.
Stadelman Fruit Company is a vertically integrated grower, packer, and shipper of high-quality tree fruit. SFC’s pear operations are comprised of premier orchard, packing, and storage assets located in the heart of Oregon’s Hood River Valley.
The acquisition of SFC’s pear operation expands Mount Adams Fruit pear operations, enables better harvest management and operational efficiencies to improve fruit quality, and provides closer proximity to growers.
“We are thrilled to have participated in another integral transaction within the Pacific-Northwest tree fruit industry,” added Scott Porter. “SFC has built a high-quality, vertically integrated pear operation and we are pleased to have found a partner that will continue to operate these assets.”
This acquisition represents another successful transaction in the Agribusiness practice for Cascadia and a continued demonstration of its experience in vertically integrated production agriculture. Cascadia’s Agribusiness practice is one of the largest and most active Agribusiness practices in North America. Recent transactions include the growth capital investment in Agrovision from responsAbility Investments and Avenue Sustainable Solutions Fund, the CEL Group of Companies’ partnership with Madison Industries, the acquisition of Chelan Fruit to International Farming, and the sale of The F.L. Emmert Company to Wilbur-Ellis Nutrition.
For more information about this transaction, please contact the Cascadia Capital deal team:
Or other senior members of the Food, Beverage & Agribusiness team at Cascadia Capital:
Chairman & CEO