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GrubMarket Acquires Protein Provider Grand Food

GrubMarket Acquires Protein Provider Grand Food


SAN FRANCISCO, CA
Tuesday, August 11th, 2020

A certain wholesaler is continuing its acquisition streak, this time targeting the protein sector. GrubMarket recently announced it has completed the acquisition of Grand Food, a highly reputable and well-established protein provider with a diverse customer base across the San Francisco Bay Area.

Mike Xu, Chief Executive Officer, GrubMarket“The Grand Food team brings more than 35 years of experience and expertise in protein supply chain. They were also a pioneer in digital transformation of this industry sector. They source and distribute hundreds of millions of pounds of protein directly from production facilities nationwide and run a highly robust business with a tremendous upside,” stated Mike Xu, CEO of GrubMarket. “Together, we will grow the Grand Food business and take it to the next level of success. Their deep insights of protein supply chain will also benefit the evolution of our software technology."

According to the press release, Grand Food has built deep relationships with protein production facilities in California, the Midwest, and in Europe. After this acquisition, GrubMarket will become a major protein provider in the Bay Area.

“We are very excited to join the GrubMarket family and embrace the new growth opportunities that GrubMarket’s technology and network will bring. We are passionate about digital innovation and have been following technology trends in this space. And we know GrubMarket is at the forefront with its scalable and innovative technology,” said Paul Chiu, Founder and CEO of Grand Food Inc.

GrubMarket recently announced it has completed the acquisitions of Grand Food, a highly reputable and well-established protein provider with a diverse customer base across the San Francisco Bay Area

With this acquisition, Grand Food will also be able to utilize GrubMarket’s innovative proprietary WholesaleWare software suite, the company's Software-as-a-Service platform providing food industry suppliers and vendors with seamless financial management, easy-to-use online ordering and sales, precise inventory management, and engaging CRM tools.

Grand Food Inc., based in Hayward, California, was founded in 1985 by Chiu. Its customers include grocery store chains, restaurants, online grocers, and protein wholesalers who distribute protein nationwide and even globally. Grand Food has a state-of-the-art processing facility which customizes cuts and sizes of meat based on customers’ specifications. It also has a state-of-the-art warehouse automated and powered by GrubMarket’s proprietary software technologies.

As GrubMarket continues to diversify and expand, what market will it conquer next? Deli Market News will report as the news unfolds.

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