Pindstrup Mosebrug completed the acquisition of Compaqpeat.

Pindstrup Mosebrug, a provider of high-quality growing media solutions for professional growers all over the world, completed the acquisition of Compaqpeat, a producer of high-quality substrates for professional growers. Financial terms were not disclosed. ”Firstly, I wish to thank the previous owners and managers, Rasa and Johann Martens, for their dedication to creating Compaqpeat as a well-run, modern substrate company, and for their trust in Pindstrup as the new owners. With the acquisition of Compaqpeat, Pindstrup is well-equipped to grow further and meet the increasing demand for growing media, which rises year by year due to the growing need to cultivate food and plants. A larger and stronger Pindstrup also means we have even better opportunities to develop innovative solutions based on renewable and circular raw materials, helping our customers achieve high yields in their greenhouses with lower resource consumption,” René Gjerding, Pindstrup CEO.