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Lipman acquires Portland, OR-based Coastal Brokers

by Press Release | November 09, 2011

IMMOKALEE, FL -- Lipman has acquired Portland, OR-based Coastal Brokers, according to a Nov. 9 company press release.

"At Lipman, we attribute much of our success to our integrated business model and our geographic diversity," Kent Shoemaker, chief executive officer of Lipman, said in the press release. "Coastal expands our operations in the Pacific Northwest and, as a result, gets us closer to our customers."

The newly acquired company will join Lipman's network of research and development, farming, packing, processing, repacking and procurement solutions.

"Both companies are known within the industry for dependability and commitment, so this partnership is a natural fit," said Michael Myers, owner of Coastal Brokers. "We're proud to join the Lipman family and look forward to a prosperous future together."

Lipman commands a large percentage of the fresh tomato industry and employs over 4,000 workers in 23 locations throughout North America.