Wholesale Produce Supply, LLC

Wholesale Produce Supply, LLC is a prominent distributor of fresh produce, specializing in a diverse range of commodities and offering value-added services to enhance product utility for various market sectors. Founded in 1964 and headquartered in Minneapolis, US, Wholesale Produce Supply, LLC specializes in the distribution of fresh produce. The company has undergone strategic acquisitions, notably a Buyout in October 2021 that raised USD 50. 00 mn from Northern Lakes Capital.

This funding has enabled the company to broaden its customer base and accelerate growth in fresh product distribution under the leadership of CEO Jason Dugan. WPS Fresh specializes in the distribution of over 100 types of fresh produce, including tomatoes, potatoes, onions, and bananas. The company operates facilities in Minnesota and Los Angeles, providing value-added services such as tomato repacking, fresh-cut processing, and ripening. These services cater to a wide range of clients, including restaurants, grocery chains, and food manufacturers, ensuring consistent quality and efficient distribution.

WPS Fresh generates revenue through a distribution model that serves both B2B and direct-to-consumer channels. The company collaborates with foodservice providers, retailers, and manufacturers, establishing partnerships that facilitate regular transactions. Their revenue model is supported by flagship service lines such as fresh-cut processing and specialty products, with customers placing regular orders to maintain inventory. Following the Buyout in October 2021, Wholesale Produce Supply aims to expand its customer base and enhance its distribution of fresh products.

Plans include targeting new markets and geographic regions, although specific locations and timelines have not been detailed. The recent investment will be utilized to strengthen partnerships with market clients and accelerate growth initiatives.