Irish multinational Fyffes made a take-over bid for Canadian mushroom company All Seasons Mushroom. According to reports in Irish media Fyffes will pay 41 million dollars for All Seasons. With that bid, the company will be completely owned by the Irish multinational. Earlier this year, Fyffes took over another Canadian mushroom company - in April, the company paid 99 million euros for Highline Produce.
Both mushroom cultivators are big in organic mushroom cultivation. Additionally, national coverage is created because both Highline and All Seasons fall under the Fyffes Group. CEO David McCann of Fyffes also responds to the take-over: “We are pleased to have acquired All Seasons. The company is a strategic addition to Highline, which we took over earlier this year. Highline and All Seasons are well positioned to provide Canadian consumers with a consistent supply of mushrooms from coast to coast.” In addition, the mushrooms will also remain available on the American market.
