News

In2Food acquires MD Provodores, becomes largest food providore in NSW

In2Food

In2Food, a national food processing company providing fresh fruit and vegetables to hotels, restaurants, caterers, cafes, aged care facilities, and food manufacturers, has acquired MD Provodores, a Sydney-based supplier of fruit and vegetables. 

The acquisition will see In2Food, part of the Produce Republic group that includes Aussie Frozen Fruit, become one of the largest suppliers of fresh and processed produce to the hotel, restaurant and café (HoReCa) market in Sydney. 

MD Provodores was founded 18 years ago in Sydney’s Flemington Markets, now supplying over 550 venues across Sydney – and through its wholly owned subsidiary Slice + Dice – with fresh, pre-cut fruit and vegetables. 

The deal includes a state-of-the-art processing facility operated by MD Provodores in Western Sydney and its highly experienced staff. Key members of the MD Provodores executive leadership team, including founder and director Mouhamad Dib, will join the leadership team of In2Food, bolstering its management team. 

Following the acquisition, In2Food will operate a network with close to 500 employees, more than 110 trucks and a facility in every capital city excluding Hobart, servicing more than 5,000 customers nationally. 

“Our purchase of MD Provodores brings two strong food companies together. The combined company will position In2Food as the leading supplier to the HoReCa market in NSW and strengthen our position as the pre-eminent national player in the sector,” In2food managing director Brett Jackson said. 

“In2Food’s state-of-the-art processing facilities, expansive reach and direct-from-farm approach, enhanced by MD Provodores’ local experience, diverse customer base and processing operations will make for a formidable force in a competitive market.” 

MD Provodores owner and founder, Mouhamad Dib, said they are excited about the acquisition and what it means for the next stage of their business journey. 

“We are building a vibrant, energetic and sustainable food business with both a national and local footprint,” he said. “MD Provodores currently supplies more than 550 venues in the Sydney area. As part of In2Food we will be able to service more than 1,000 venues, with all food delivered fresh before lunchtime.”  

The acquisition was completed on 11 April 2022 and facilitated by Remagen Capital. 

JOIN OUR NEWSLETTER

JOIN OUR NEWSLETTER
Close
Send this to a friend