Paine Schwartz Partners, Driscoll's and BCI Consortium Acquires Costa Group
February 26, 2024
A North American-led consortium made up of Paine Schwartz Partners, Driscoll's Inc. and British Columbia Investment Management Corporation has acquired Australia’s Costa Group after shareholders accepted a A$3.20-per-share offer and the company was delisted from the ASX. The consortium said it will work with Costa’s team to grow the global berry business and further develop Costa’s capabilities across its fresh-produce portfolio.
- Buyers
- Paine Schwartz Partners, Driscoll's Inc., British Columbia Investment Management Corporation
- Targets
- Costa Group
- Sellers
- Costa Group shareholders
- Industry
- Agriculture
- Location
- Victoria, Australia
- Transaction Type
- Buyout
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