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Synopsis
Circularity Capital, a private equity firm, completed the acquisition of a majority stake in Cocogreen, a company specializing in the design and manufacture of low-carbon, high-yield coir growth substrate. Financial terms were not disclosed. “This is a very exciting time for Cocogreen. The company’s market-leading, commercially proven solution has allowed it to disrupt traditional, linear competitors and create a blue-chip client base whose demand vastly outstrips current manufacturing capacity. Growing adoption of Cocogreen’s solutions will help accelerate the transition towards a more circular food industry by displacing peat and stonewool, while allowing management to deliver strong growth across established customers and new markets alike," David Mowat, Circularity Capital Partner.
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