Paine Schwartz Partners completed the acquisition of the remaining 86.22% stake in Costa Group for $935m.

Paine Schwartz Partners, a private equity firm, completed the acquisition of the remaining 86.22% stake in Costa Group, a grower, packer and marketer of fresh fruit and vegetables, for $935m. “We welcome the Costa Group into the Driscoll’s family and look forward to deepening our relationship with even more deliberate collaboration across the globe. This is one of the largest equity investments Driscoll’s has ever made, which speaks to the formidable partnership and considerable value we see in the Costa portfolio and the company’s long-term future and growth prospects,” Soren Bjorn, Driscoll’s CEO.