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Berger Harris represented AsiaInspection, a group of companies that provide quality control and supplier compliance around the world, in its acquisition of Produce Inspectors of America, a global perishable food product inspection company.
Yahoo! Finance has an account of the public details:
PIA’s team of 400 operates in North and Latin America, Europe and Asia on behalf of fresh produce farmers, traders, brands and retailers, and performs on-site inspections before and after shipment, to ensure the quality and conformity of products. The company, headquartered in Miami, USA and Santiago, Chile has gained a position as a global leader in the market for berry inspections.
“PIA customers can benefit from AI’s unique quality control management software and expanded global coverage in 77 countries,” said Sebastien Breteau, AsiaInspection’s Founder & CEO. “This has been a strategic acquisition for AI, as PIA’s expertise on fresh produce complements our offering to the food industry, and PIA, much like AI, has put technology at the core of their operations to provide their customers with supply chain data intelligence.”
“We are delighted to have joined a larger network that allows us to offer our clients a wider geographical coverage and increased quality control services, from lab testing to site audits,” said Edmundo Elissetche, PIA’s founder and president.
PIA’s strong presence in Latin and North America increases AI’s footprint in the region, where it already services clients with supplier audit programs, laboratory testing and product inspections.
Berger Harris attorneys handle a wide range of corporate and business transactions and have particular expertise in financing transactions, including real estate financing, structured finance, investment fund transactions and securitizations. Our attorneys routinely represent borrowers, lenders, investors, trustees, managers, investment funds and other participants in corporate and business transactions. The transactional attorneys at Berger Harris frequently provide advice on the structure and use of Delaware entities in financing transactions, mergers and acquisitions, asset purchase and sale transactions and cross-border transactions.