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Article: AIG Global Investment Group Invests in Falcon Farms.
- Article from:
- PR Newswire
- Article date:
- March 20, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, March 20 /PRNewswire-FirstCall/ -- AIG Global Investment Group (AIGGIG) today announced that AIG Capital Partners, Inc., a member company, has acquired a substantial equity interest in Falcon Farms, a leading importer and distributor of fresh cut flowers in the United States and Canada.
Founded in 1987, Falcon Farms operates over 300 hectares of farmland in Colombia, Ecuador, and Mexico. The company primarily supplies its fresh cut flowers to leading mass merchant retailers throughout the United States. Proceeds from this round of financing will allow Falcon Farms to fund organic growth and to expand through acquisitions.
"This infusion of ...