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Grimmway Farms confirms they have been sold to an Indiana-based investment firm

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Posted at 5:42 PM, Nov 25, 2020
and last updated 2020-11-25 21:33:39-05

23ABC has confirmed that Grimmway Farms, the Bakersfield-based agricultural giant has been sold.

A Grimmway spokesperson confirmed the sale to "Teays River Investment," an Indiana-based agriculture investment firm." No price was disclosed. They said a deal will not be finalized until the end of the year.

The management team and employees will remain the same, and customers should see no change.

Grimmway is a family-owned company that started as a roadside stand and grew to become one of the largest producers of carrots in the world.