C.H. Robinson acquires Timco Worldwide
Founded in 1985 by Tim Colin, Timco markets conventional and organic melons under the Melon Up! and Irish Eyes labels. Timco has dedicated itself to providing retail and club store customers with a year-round supply of regular and mini sized watermelons and seasonally provides cantaloupes, honeydews and mixed melons.
Timco, headquartered in Davis, California, has an established growing network that operates in 10 US states and five additional countries: Honduras, Guatemala, Costa Rica, Mexico and Panama. In addition to enhancing C.H. Robinson’s existing melon category programmes, Timco offers growers proprietary technology in advanced planning, sorting and distribution services, and the ability, through proprietary seed arrangements, to garner the best yield and tonnage from their crops.
C.H. Robinson’s strategic acquisitions in the produce arena have included FoodSource, a prominent California-based produce company, in 2005, and Rosemont Farms Corporation, Inc., a produce marketing company with well established grower relationships, in 2009. The Timco acquisition, combined with the acquisitions of FoodSource and Rosemont Farms, strengthens its market position and focus on providing fresh, innovative solutions that are market driven and supply and demand chain efficient.
Terms of the acquisition were not disclosed.
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