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Announced

Groep de Ceuster to acquire Hawita Gruppe.

Synopsis

Groep de Ceuster, a Belgian family holding company active in the development, production and distribution of commercial products in horticultural sector, agreed to acquire Hawita Gruppe, a manufacturer of soil & substrates, technoplant, and easypot products for modern horticulture. Financial terms were not disclosed. "I am convinced that Group DC is the ideal partner for the HAWITA Group. Our customers will benefit from the new opportunities in the areas of research and development. I look forward to continuing to drive forward the development as Managing Director in the future," Simon Tabeling, Hawita Managing Director.

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