December 21, 2018
In December 2018, Proventus Capital Partners lent EUR 43m to Monaghan Mushrooms to support the owner, the Wilson family, to consolidate the Group
Irish Monaghan Mushrooms is one of the world’s largest substrate and mushroom companies, being a “spore-to-store” vertically integrated agribusiness, producing substrate for the cultivation as well as growing, harvesting and packing of fresh mushrooms sold directly to its customers. Monaghan Mushrooms employs more than 3,500 employees and is headquartered in Ireland with operations in Canada, the United Kingdom, Belgium, Netherlands and Germany. Monaghan Mushrooms is owned by the Wilson family.
Proventus Capital Partners have been in active dialogue with Monaghan Mushrooms for a long time and believe that Monaghan Mushrooms, with its vertical integration, scale and innovation, is very well placed to take advantage of the underlying strength of the mushroom industry. The support of the financing of Monaghan Mushroom is also part of our history of working with companies within sustainable food such as Natsu and EWOS.