EW GROUP purchases Planasa

Planasa has been acquired by German EW Group in a deal worth €900 million. Planasa, based in Navarra (Spain) is a world leader in obtaining and propagating various varieties of berries and other vegetables such as garlic, asparagus, and avocados, supplying customers in more than 25 countries.

EW Group CEO Dirk Wesjohann said: “The acquisition of Planasa is a milestone for our family group, as it allows us to strategically expand our genetic improvement activities into the field of plant breeding. Our group had been looking for an opportunity like this for years. We are convinced that Planasa, with its exceptional genetic varieties, its highly qualified and dedicated management team and its global presence, is the ideal platform for the expansion of the EW Group in the field of plant breeding.” 

Michael Brinkmann, CEO of Planasa, said: “The Planasa management team is delighted to be part of the EW Group. I would also like to take this opportunity to thank our current shareholders, Cinven and Blue Label Capital, for their unwavering trust and support over the years. Thanks to their financial support and strategic perspective, Planasa has evolved to the leadership position it occupies today.”