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Mucci Farms completes acquisition of Greenhill Produce to expand greenhouse acreage

Nov 13, 2024•about 1 year ago

Acquiring Company

Mucci Farms

Acquired Company

Greenhill Produce

KingsvilleKent BridgeFarmingFood and BeverageAgriculture and FarmingManufacturing

Description

Mucci Farms, a leading grower and marketer of fresh produce, has acquired Greenhill Produce, a 150-acre greenhouse facility in Kent Bridge, Ontario. This strategic acquisition expands Mucci Farms' greenhouse acreage and reinforces its position as a leader in sustainable agriculture.

Company Information

Company

Mucci Farms

Location

Kingsville, Ontario, Canada

About

Mucci Farms is a greenhouse fruit & vegetable grower, packer, shipper and marketer committed to premium quality, flavour and building strong partnerships with clients and consumers. With a passion for investing in innovative technology to improve food safety, sustainability and efficiency, Mucci Farms is proud of its open-minded approach and steady growth for over 50 years.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed