BB&T Capital Markets Serves As Exclusive Financial Advisor to KH International in Its Sale to Camerican International
On October 13, 2016, KH International, Inc. (“KHI”), a business-to-business leader in the sourcing, logistics, and sale of exceptional quality fruit and food products, was acquired by Camerican International, Inc. (“Camerican”), an international food sourcing and import services provider. BB&T Capital Markets served as exclusive financial advisor to KHI.
About the Companies
Headquartered in Atlanta, GA, KHI is a leader in the sourcing, logistics, and sale of fruit and food products to retail, foodservice, and industrial customers across the globe. The company sources products from over 100 active suppliers and processing plants in 43 countries. Since its founding in 1992, KHI has established a reputation for excellence through its product expertise, logistical acumen, customer-focused innovation, and commitment to food safety. The company has additional offices in Oregon, Chile, and China.
Camerican International imports and distributes food products to foodservice, retail, and manufacturing customers. The company offers canned, frozen, and packed fruits; fruit juice concentrates and purees; canned and frozen vegetables; canned seafood; and canned and frozen meats. Founded in 1916, Camerican is headquartered in Elizabeth, New Jersey and is an affiliate of Gellert Global Group.
Food & Agribusiness
BB&T Capital Markets assists middle market clients across all sectors of the Food & Agribusiness industry. We have established relationships with a wide range of public and private food companies, private equity investors, and other industry participants. As full-service platform, we provide M&A advisory, equity underwriting, debt capital markets, corporate banking, sales and trading, and private capital raising services. Our nationally recognized industry expertise, combined with our best-in-class transaction execution, enables us to maximize outcomes for our corporate and private equity clients.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.