Rocket Farms Herbs Acquires HerbThyme Farms

Rocket Farms Herbs, Inc., a subsidiary of Monterey Peninsula Horticulture, Inc., has acquired the assets of HerbThyme Farms, the largest cut herb producer in the United States. The acquisition supports Rocket Farms Herbs’ growth strategy to innovate new products, enter new categories and expand into new channels of distribution. Details of the transaction were not disclosed.

“HerbThyme is a great brand supported by 500 talented employees that utilizes cutting edge growing and packaging technologies to produce the finest and freshest cut herbs in the country, which are complementary to our existing potted herb products,” says Monterey Peninsula Horticulture Chief Executive Officer Charles Kosmont. “With the financial resources and operating expertise of a strong parent company we believe HerbThyme can flourish and have a strong future.”

HerbThyme Farms grows and ships more than 5 million pounds of fresh herbs annually. HerbThyme Farms has approximately 200 acres of conventional farmland and 150 acres dedicated to the growing of USDA certified organic herbs.

“Having successfully completed similar acquisitions in the past, we are certain that HerbThyme’s transition to new ownership will be a smooth one,” Kosmont says. “Customers should expect the continued on-time delivery of all products as well as access to a wider selection of herbs, which will now include organic and non-organic cut herbs in addition to our organic potted herbs, which will meet our stringent quality and food safety standards.”

Monterey Peninsula Horticulture recently integrated Rocket Farms and Nurserymen’s Exchange. The two brands are now operating under the Rocket Farms name.

HerbThyme’s Chief Executive Officer, Howard Roeder, along with his entire senior management team, will remain in place and continue to oversee the day-to-day operations of the business. The HerbThyme, Herbal Garden and New England brand names will remain unchanged. Rocket Farms Herbs has also extended job offers to substantially all of HerbThyme’s approximately 500 employees.

“We are thrilled to be joining the Monterey Peninsula Horticulture family of growers,” Roeder says. “As one of the largest and most respected greenhouse growers in the United States, Rocket Farms Herbs’ success is a testament to the company’s strategic vision, disciplined management and cutting edge technology, systems and processes. We are pleased to have found such a strong partner who can provide our company with deeply enhanced opportunities.”

 

 

Leave a Reply

One comment on “Rocket Farms Herbs Acquires HerbThyme Farms

  1. HERB THYME FARMS HAS A PAST DUE AMOUNT OF $20012.59 OWED TO US FOR IRRIGATION MATERIAL PURCHASED.THIS ACCOUNT IS SERIOUSLY PAST DUE.YOU NEED TO CONTACT US IMMEADIATELY TO CLEAR UP THIS BALANCE,SO THAT YOU CAN PURCHASE MATERIALS AND SERVICE IN THE FUTURE.

More From State of the Industry...
Laura Drotleff

January 19, 2018

Greenhouse Industry’s Positive Momentum Looks Like it Will Carry Into 2018

Results from Greenhouse Grower's 2018 State of the Industry survey show that growers increased profits in 2017 by raising prices and paying more attention to their operational costs.

Read More
Plants-and-Money

January 5, 2018

State of the Greenhouse Industry: Dealing With Your Banks in 2018 Will Take Patience

Financial institutions are still reluctant to part with capital for agricultural and horticultural growth, despite economic indicators. Here’s why banks have raised the bar on lending.

Read More
Capitol-Building

December 28, 2017

State of the Greenhouse Industry: Regulatory Uncertainty Means It’s Time to Get Involved

With election dynamics, a new farm bill, and pending immigration reform in the mix, 2018 looks to be a wait-and-see year for the horticulture industry.

Read More
Latest Stories
Laura Drotleff

January 19, 2018

Greenhouse Industry’s Positive Momentum Looks Like it W…

Results from Greenhouse Grower's 2018 State of the Industry survey show that growers increased profits in 2017 by raising prices and paying more attention to their operational costs.

Read More
Plants-and-Money

January 5, 2018

State of the Greenhouse Industry: Dealing With Your Ban…

Financial institutions are still reluctant to part with capital for agricultural and horticultural growth, despite economic indicators. Here’s why banks have raised the bar on lending.

Read More
Capitol-Building

December 28, 2017

State of the Greenhouse Industry: Regulatory Uncertaint…

With election dynamics, a new farm bill, and pending immigration reform in the mix, 2018 looks to be a wait-and-see year for the horticulture industry.

Read More

December 9, 2017

Southern California Wildfires Narrowly Miss Most Grower…

Here’s an update on horticulture businesses in the areas affected by the California wildfires.

Read More
Biocontrols in a Greenhouse

November 3, 2017

Take Greenhouse Grower’s 2018 State of the Indust…

Growers and others associated with the greenhouse business often ask the Greenhouse Grower editorial staff where we get ideas for stories. The Answer: You! That's why we're asking you to please take some time to answer our annual State of the Industry survey.

Read More

November 1, 2017

Technology Is Changing the Game for Growers

Technology is sexy. There’s a fervor associated with buying the latest go-go-gadget — and a fear of missing out if we don’t. We all want that latest, most advanced smartphone, home assistant, or wearable tech, no matter the cost. And jobs associated with technology? Google, Microsoft, Apple, Amazon, Facebook, Twitter — offer some of the most competitive and coveted positions on the planet. Just look at the stir Amazon made when it announced it would build a $50 billion second headquarters, with cities from all over North America clamoring to be the one chosen, considering the significant economic potential. Technology and tech jobs are it — and it’s no wonder growers don’t feel jobs in horticulture can compete. But what if they can? If tech jobs are the future and the future of horticulture depends on technology, then we have a real opportunity to seize. Millennials who have grown up […]

Read More

May 23, 2017

USDA-APHIS Bulletin on Unauthorized Distribution of Gen…

On May 2, 2017, USDA-APHIS was informed that an orange petunia variety was potentially genetically engineered and had been imported and moved interstate without required authorization by APHIS. This led to testing of numerous petunia varieties, which confirmed this particular variety and several others are genetically engineered, and meet the regulatory definition of a regulated article under APHIS regulations. APHIS continues to work with the industry to ensure unauthorized GE petunias are not distributed in the United States.

Read More

March 2, 2017

Greenhouse Grower State of the Industry Whitepaper Avai…

This year’s survey featured a record 975 respondents and tackled topics such as sales trends, technology, major industry challenges and opportunities, and much more.

Read More
Greenhouse Grower State of the Industry Webinar

February 27, 2017

State of the Industry Webinar Available for On-Demand V…

The half-hour presentation includes an analysis of Greenhouse Grower’s 2017 State of the Industry survey, along with insights from horticulture industry leaders.

Read More

February 11, 2017

Poinsettia Survey Reveals Growers Increased Poinsettia …

On average, growers responding to Greenhouse Grower’s 2016 Poinsettia Survey said the poinsettia season was “good,”Here’s a glance at the outlook for poinsettias in the marketplace.

Read More

January 25, 2017

59 New Members of Congress Need to Hear from You, SAF S…

Retailers, wholesalers, suppliers, and growers coming to the Society of American Florists' (SAF) 37th Annual Congressional Action Days, March 13-14 in Washington, DC, have a lot of explaining to do. There are 59 new congressmen and senators on Capitol Hill, and this freshmen class needs a lesson about floriculture.

Read More
bouldin-lawson-pro-sticking-line-at-north-creek-nurseries

January 25, 2017

State of the Industry 2017: Growers are Ready to Invest…

Greenhouse Grower's 2017 State of the Industry Survey revealed that grower investment in technology is imminent due to the cost and availability of labor, to improve efficiency, expand their growing operations, and allow employees to concentrate on higher value jobs that are less labor-intensive.

Read More

January 24, 2017

Growers are an Aging Demographic, 2017 State of the Ind…

Owners and upper management of growing operations in the horticulture industry, not unlike others in agriculture, are aging, according to Greenhouse Grower’s 2017 State of the Industry Survey.

Read More
Biocontrols and beneficials absolutely can be used in outdoor production, with the use of banker plant systems

January 24, 2017

Growers Becoming More Sustainable but Most Think Climat…

Greenhouse Grower's 2017 State of the Industry Survey revealed that growers are adopting biocontrols and organic production, yet 58% of growers said they don't believe humans can control climate change.

Read More

January 24, 2017

State of the Industry Survey Says 2017 Will be a Year o…

Growers, suppliers, and researchers who took Greenhouse Grower’s 2017 State Of The Industry Survey say they are ready to drive change and profitability in horticultural businesses.

Read More
Moana plant yard

January 4, 2017

Green Industry Poised for Continued Economic Growth in …

Positive economic indicators point to 2017 being a year of modest growth for the green industry, according to economist Charlie Hall.

Read More

January 3, 2017

Growing Optimism for the Horticulture Industry in 2017

With a new administration and a new Congress, AmericanHort's Craig Regelbrugge says the horticulture industry has reason to be cautiously optimistic that regulatory relief could be on the horizon.

Read More
Bees on flowers

October 11, 2016

Bees Endangered? Here’s The Rest Of The Story

Recently, mainstream media reported that certain bee species have been placed on the endangered species list, but the situation isn’t as dire as one might think.

Read More