Sale of Produce Global Solutions to G's Marketing

G's Fresh

PEMCF advised on the deal between Produce Global Solutions and G's Marketing.

Company background

Produce Global Solutions is a major fresh mushroom supplier.  It currently sources mushrooms primarily from Holland for UK retailers.  G's Marketing, based at Barwell, near Ely, supplies fresh salads and vegetables to major retailers including Tesco, Waitrose, Sainsbury's, ASDA, Morrisons and Marks and Spencer.  G's Marketing is part of the Shropshire Group.

Deal structure

A majority holding in Produce Global Solutions was sold to G's Marketing.  Investment by G's will enable Produce Global Solutions to expand into the UK mushrooms segment and will continue to be led by Mark Haynes as CEO who retains a minority stake in the company.

 

Read the press release

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