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New Deal


Announced

Completed

Windmill Farms completed the acquisition of Ostrom Mushroom Farms.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Cross Border

United States

food producer

Private

Majority

Acquisition

Completed

Food Products

Synopsis

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Windmill Farms, a premier controlled environment agricultural producer, completed the acquisition of Ostrom Mushroom Farms, an agricultural producer of mushrooms. Financial terms were not disclosed. “We’re excited the Sunnyside facility has been sold to a company that has decades of experience operating Dutch-style facilities. The acquisition positions Windmill Farms to build on the strengths of the Sunnyside facility to optimize operations and meet customers’ growing demand for fresh, local products,” Cheryl Adams, Ostrom Interim CEO.

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