EW Group Acquires Planasa from Cinven and Label Investments

EW Group, a family-owned global life sciences group, has agreed to acquire Planasa, a Spain-headquartered global leader in berry breeding and nursery operations, from private equity firm Cinven and Label Investments. Financial terms were not disclosed; the deal is subject to customary regulatory approvals and will expand EW Group's breeding capabilities and presence in the fruit and vegetable sector.