MGF's third investment fund successfully supports Hobaho's management buy-out, allowing Hobaho to operate independently as a specialist in bulb and tuber crops.

Information on the Target

Hobaho, established over a century ago, has built a solid reputation in the brokerage and development of bulbous and tuberous plants, as well as perennials. Since the 1990s, it has been actively involved in the breeding of various bulb crops through its Testing Center for Ornamental Plants. Hobaho collaborates with various growers' associations, including Kwekersvereniging Remarkable for tulips, Kwekersvereniging Markglory for hyacinths, and Marklily for lilies. Additionally, the company provides a range of services related to the application, management, and administration of breeders' rights for numerous growers, breeders, and associations.

As of July 1, 2024, the shares of Hobaho Horti Groep B.V. will be transferred to the current management team, which consists of Theo Aanhane (CEO), Hans Molenaar (Finance Manager), and Arno Verkley (Chain Services Manager), alongside MGF. This transition signifies a new chapter in Hobaho's journey toward becoming an independent specialist in the industry.

Industry Overview in the Netherlands

The horticultural sector in the Netherlands is a major contributor to the national economy, characterized by its innovative practices and strong export capabilities. The country is globally recognized for its advanced breeding technique