GrubMarket has completed the acquisition of Union City-based Daylight Foods, a full-service food wholesale and delivery business in California that provides produce, dairy, specialty items, and dry goods to a wide range of customers, including restaurants, large grocery and retail chains, corporate offices and cafeterias, and hotels and universities. In addition to conventional items, it sources seasonal, organic, and locally-grown produce and deploys eco-friendly hybrid diesel-electric delivery trucks.
"Daylight Foods' reputation in California's farmer-direct food supply chain ecosystem is unmatched,” said GrubMarket CEO Mike Xu, in a statement. “They’ve scaled the company to hundreds of millions in sales with high gross margins and profitability. And they’re mission-driven with strong environmental, social, and corporate governance practices around food waste and carbon footprint reduction, which aligns with our sustainability goals. This acquisition enables GrubMarket to further strengthen our customer base across the San Francisco Bay Area and Northern California.” In 2021, Daylight Foods packed and delivered several million USDA Farmers to Families food boxes to households and homeless shelters across the San Francisco Bay Area.
As a part of GrubMarket's portfolio, Daylight Foods will now utilize GrubMarket's innovative and proprietary WholesaleWare software suite, the company's software-as-a-service platform that provides food industry wholesalers and distributors with seamless financial management, easy-to-use sales, and online ordering features, precise inventory management, lot traceability and tracking, grower accounting, and automated routing and logistics tools.
After the acquisition, the business will continue to be managed by its current leadership team. Founded nearly 50 years ago as a small San Jose farmers market by original owner Bob Vlahopouliotis, Daylight Foods is now run by Bob's son, Chris Vlahopouliotis, who became president of the company in 2003.
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