The asset management firm based in California, Renewable Resources Group Inc,(RRGI) whose focus is on agriculture as well as other sustainable resources, announced its purchase of Sun World International LLC. Sun World is a world known fresh produce company that is based out of Bakersfield, CA and its former owner was Black Diamond Capital Management.
According to RRGI's President Ari Swiller, "Sun World is an extraordinarily valuable company with a strong and experienced management team and first-class employees who deliver famously delicious fruits and vegetables and industry-leading marketing, licensing and research-and-development operations, It's a company we've watched and respected for a long time."
For its part, Sun World CEO and President Dave Dever said, "For the past eight years, Sun World has benefited enormously from its relationship with Black Diamond. Black Diamond has worked with us to stabilize, grow and cement our place as a leader in the industry. As we continue to grow the company and focus on delivering superior products and services to our customers, a partnership with RRG is exciting. This new partnership will allow Sun World to continue to strengthen and grow alongside its customers."
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