Procacci Brothers Acquires A. Vassallo, Ups Presence in Philadelphia Wholesale Produce Market
PHILADELPHIA, PA - Procacci Holdings’ Garden State Farm’s recently acquired its competitor and neighbor, A. Vassollo. The two companies, owned respectively by the Procacci and the DiPascale families, have worked together over the years to serve the needs of the produce market. By combining the two, both hope to expand and increase product quality and availability.
“It was a natural expansion to our Garden State Farms operation,” said J.M. Procacci, CEO of Procacci Holdings, in a recent press release. “As we continue to expand, our commitment to the market is integral to our growth.”
The press release noted that with this acquisition, Procacci Brothers’ Garden State Farms has four units at the market.
“Philadelphia is seeing more local crops coming in from the New Jersey, Pennsylvania, Delaware, Maryland, and New York,” stated Mike Maxwell, President of Procacci Brothers. “PWPM [Philadelphia Wholesale Produce Market] is the ideal location to distribute produce, and acquiring A.Vassallo makes Garden State more efficient for its customers.”
Maxwell also remarked on the hard work and dedication seen in David DiPascale, Co-Vice President of Terminal Operations for Garden State Farms.
“He has built a great team over there, and we are excited about the future of our market,” he concluded.
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