The Giumarra Companies has also announced investment from specialist food and agribusiness group AGR Partners
The Giumarra Companies has announced the retirement of Don Corsaro, former president and current chairman, as well as a minority equity investment from AGR Partners, a specialist food and agribusiness investor.
“Our team thanks Don for his 65 years of guidance and mentorship, where he led a culture of integrity and service that grew the company into what it is today,” said Tim Riley, president of The Giumarra Companies.
“As we look ahead, we are thrilled to partner with AGR, a like-minded organisation with demonstrated success in the agriculture industry.
”AGR’s resources in combination with our dedicated employees, many of whom have been working with us for decades, will allow us to explore new opportunities and position our company for long-term success,” he outlined.
Riley stated that customers, growers, and industry partners should continue to expect the same quality and service The Giumarra Companies has been known for since 1922, now with the expertise and capital support of AGR Partners to help accelerate the company’s growth.
“AGR’s purpose is to grow leaders and leading companies,” explained Ejnar Knudsen, chief executive officer of AGR Partners.
”Giumarra has built a ‘one-stop-produce-shop’ by serving retailers and foodservice customers with consistency, quality, and strong relationships across its supply chain.
”We are excited to support Giumarra as they continue to build on their strong foundation,” Knudsen commented.
The retiring Corsaro welcomed the AGR investment as he looked ahead to the future.
“I am incredibly proud of the company we have built together and look forward to witnessing everything our team will accomplish in the future alongside AGR,” he added.
