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Paine & Partners

fruit-farm-berry-agriculture
Paine Schwartz to buy Australia's Costa Group

Paine Schwartz Partners has reached an agreement to acquire Australian fresh fruit and vegetables supplier Costa Group for an enterprise value of approximately AUD 2.46bn (USD 1.58bn).

  • Australasia
  • 25 September 2023
fruit-berry-blueberry-strawberry
Paine Schwartz pursues take-private of Australia's Costa

Paine Schwartz Partners has submitted a AUD 1.6bn (USD 1.07bn) buyout offer for listed Australian fresh fruit and vegetables supplier Costa Group – eight years after it took the business public.

  • Australasia
  • 05 July 2023
Paine & Partners buys Australia's AgBiTech

Paine & Partners, which focuses on the global food and agribusiness industry, has acquired a majority stake in AgBiTech, an Australia-based producer of biological insecticides for crops.

  • Buyouts
  • 10 December 2015
Paine & Partners' Indonesian Icicle exit falls through

Paine & Partners’ proposed exit from North America-based seafood business Icicle Holdings to a company owned by Indonesia’s Soetantyo family has been terminated.

  • Exits
  • 08 September 2015
Costa slips below IPO price after $401m Australia offering

Costa Group, an Australia-based fresh fruit and vegetables producer controlled by Paine & Partners, is trading below its IPO price following a $550 million ($401 million) offering.

  • Exits
  • 27 July 2015
Indonesia's Soetantyo family buys Icicle Holdings from PE

A company owned by the Soetantyo family, which has extensive interests in Indonesia’s food sector, has agreed to buy North America-based Icicle Holdings from PE firm Paine & Partners.

  • Exits
  • 29 June 2015
Paine-backed Costa to buy Adelaide Mushrooms

The Costa Group, an Australian fresh produce company backed by global private equity firm Paine & Partners, is to acquire Adelaide Mushrooms. Financial terms of the transaction were not disclosed.

  • Australasia
  • 08 February 2013
focus-protein
PE bets on Asia’s growing food demand

Food assets – notably fresh produce – are increasingly attractive to private equity firms as they potential trade sale exits to Asian corporates looking to satisfy rising domestic demand

  • Australasia
  • 29 February 2012
Paine & Partners takes 50% of Australian fruit and vegetable producer

US-based private equity firm Paine & Partners has paid an undisclosed amount for a 50% stake in Costa Group, Australia's largest private producer of fresh fruit and vegetables. The transaction is slated to close later this year, with Costa management...

  • Australasia
  • 25 July 2011
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