Paramount Citrus acquires Healds Valley Farms
July 25, 2012
by Eric Schroeder
DELANO, CALIF. — Paramount Citrus, the largest grower of fresh citrus in North America, has acquired Edinburg, Texas-based Healds Valley Farms. Healds Valley accounts for about 50% of Texas’ citrus market.
Paramount, which already ships and packs fresh citrus such as Clementine and Afourer mandarins, Navel oranges, Valencia oranges, lemons and limes in North America, now will add Healds Valley’s red grapefruit — the company’s primary product — to its portfolio.
Healds Valley will retain its name and workforce, including its management. The only immediate personnel change will be the addition of current vice-president of supply chain for Paramount, Rick Burnes, who will join Healds Valley as general manager. He succeeds Yishai Yeshurun, who will be stepping down.
The addition of Healds Valley will allow Paramount to ship more than 15 million cartons of fresh citrus annually to markets across North America, Europe and the Pacific Rim. The citrus fruit will be grown on more than 42,000 acres and processed from facilities in the San Joaquin Valley of California, Mexico and the Rio Grande Valley near McAllen, Texas.