AGRO Merchants Group, Alpharetta, Ga., acquired Australia-based Doboy Cold Stores.
Founded in 1979 as a family owned business, Doboy operates out of two sites located near the Port of Brisbane, Australia, and maintains a diverse product mix that includes meats, seafood, fruit, nuts and bakery items. Its extensive experience and relationships will enhance AGRO’s global service offering. David O’Brien, managing director of Doboy, will continue in his current role with AGRO Merchants.
The Doboy acquisition is a continuation of AGRO’s global growth strategy, and represents an important entry into the Asia Pacific region.
“Doboy is a natural match for AGRO’s business,” says Neal Rider, chief executive officer of AGRO Merchants Group. “Their focus on the Australian beef industry will contribute to our global network and point-to-point trade strategy. Philadelphia, Pa., which is an important location for us, is the largest destination port for Australian frozen and chilled meat imports into the U.S. We also receive large volumes of Australian meat through four other port locations in the U.S. The opportunity to expand Doboy’s operations on adjacent-owned land is attractive. We look forward to integrating Doboy’s customers, employees and partners into our network.”
“We are excited to join AGRO Merchants Group and provide customers with market-to-market opportunities and trade flows, including Australia to Asia,” adds David O’Brien, managing director of Doboy. “AGRO is considered a leading service provider by many of the top exporters from Australia. Their global strategy will allow us to expand services, volume and capacity. AGRO a great cultural fit for Doboy.”