FOR IMMEDIATE RELEASE
New York, NY, Chicago, IL, and San Francisco, CA
Paine & Partners, LLC (“Paine & Partners”), a global private equity investment firm, and the Costa Group (“Costa” or the “Company”), Australia’s leading grower and marketer of fresh produce, announce that Costa has entered into a definitive agreement to acquire Adelaide Mushrooms. Completion is subject to customary conditions. Financial terms of the transaction were not disclosed.