The acquistion, which the firms confirmed they were in talks over in September (Grower, 27 September) was announced last Tuesday.
The Marshalls business has three sites, including Marshall Bros at Butterwick, Kirton and a 76 per cent holding in Agromark in San Javier, Murcia, as well as a substantial growing business in the UK and Spain, and a distribution fleet.
The enlarged business will employ 1,200 staff.
A company statement said: "Dedicated growers in the UK and across Europe have played their part in the historic success of both businesses and this new relationship will secure this partnership further by creating more opportunities for sustainability by offering diversification and crop rotation.
"Produce World believes that core to its success are its people and will continue to invest heavily in training and development and in personal development plans. The enlarged group will enable further career progression for all its employees going forward. One of the group's core philosophies is that employees should have an exciting and challenging career."
Nigel Clare, appointed as managing director of Marshalls in the deal, told Grower it would build on Produce World's product range with the addition of its brassicas and organics, and would "complement (its) portfolio".
Clare will be supported by David Marshall and Marshalls' Phillip Effingham in the role.