Announced
Financials
Tags
Canada
mushroom industry
Pending
Domestic
Friendly
Acquisition
Single Bidder
Majority
Food Products
Private
Private Equity
Synopsis
Instar Asset, an asset management company, agreed to acquire Greenwood Mushrooms, a mushroom producer in Canada, from Novacap, a private equity firm. Financial terms were not disclosed. Over the course of their partnership, Greenwood has expanded its Manchester farm, and almost doubled its production. The company’s operational excellence is conducive to its continued growth, Instar’s investment will support the further expansion of Greenwood’s facilities to meet growing customer demand.
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