AGI Announces Food Platform Acquisition

Ag Growth International Inc. (AGI) has completed the acquisition of Eastern Fabricators, which specializes in the engineering, design, fabrication, and installation of stainless-steel equipment and systems for food processors.

Eastern operates three facilities in Canada—two in Prince Edward Island and one in Ontario—and has relationships with some of the world’s largest multinational food processors.

“AGI Food has grown rapidly over the past several years as we brought together an outstanding team that delivers a unique combination of design, supply, and project management to food processors globally,” noted AGI President and CEO Tim Close. “Eastern builds on a solid foundation in our food platform, bringing a very talented team along with market leading products, services, manufacturing capacity and, most importantly, customer relationships built on years of high-quality execution.”

Source: Yahoo Finance |Member since 1996 | aggrowth.com