RITTER AGRIBUSINESS PURCHASES GILLAM FARMS
Marked Tree, Ark. – Ritter Agribusiness recently completed the purchase of Gillam Farms in Judsonia, Ark. Ritter Farms will continue operating the property, which produces blackberries, blueberries, strawberries and pumpkins. It is the largest blackberry producer in Arkansas.
“The purchase of Gillam Farms is a tremendous opportunity to diversify our operations while continuing the legacy of our company,” Ritter Agribusiness President Kevin Wright said. “We are focused on growing our business and this acquisition is a perfect fit for the long-term vision of our company as well as a platform for future growth and acquisitions in specialty crops.”
Like Ritter Agribusiness, Gillam Farms was family-owned.
“We are very happy the farm will continue to be run by a family-owned, Arkansas company with a strong commitment to Arkansas agriculture,” Jeremy Gillam said. “Those were very important factors when we sought a buyer.”
Ritter Farms’ entry into the berry business is the company’s second major diversification move. In 2017, Ritter Farms began growing fresh flowers to supply grocery stores, retail florists and e-commerce floral companies.
“As with all of our business, we are committed to providing safe, high-quality products to our customers,” Wright said. “Ritter Agribusiness still owns the original parcel of land we purchased in 1893. However, the industry has dramatically changed over the years, and we are thrilled for this opportunity to grow and change with it.”