MGF's third investment fund successfully enters the market with a stake in Hobaho, enabling a Management Buy-Out to enhance the company's position in the horticultural sector.

Information on the Target

Hobaho, a distinguished player in the horticultural industry for over a century, specializes in bridging the gap between supply and demand in the mediation of bulb and tuber crops, as well as perennials. The company further enhances its portfolio through the Siergewassen Test Centre, which has been engaged in the breeding of various bulb crops since the 1990s. Hobaho collaborates with notable partners such as the Kwekersvereniging Remarkable for tulips, Kwekersvereniging Markglory for hyacinths, and Marklily for lilies. Additionally, Hobaho offers a plethora of services related to application, management, and administration of breeder rights for numerous growers, breeders, and growers' associations.

As of July 1, 2024, the shares of Hobaho Horti Groep B.V. will be acquired by the current management team, which includes Theo Aanhane (General Director), Hans Molenaar (Financial Manager), and Arno Verkley (Manager Supply Chain Services), along with the backing of the investment firm MGF.

Industry Overview in the Target’s Specific Country

The Dutch horticultural industry has long been recognized for its innovation and high level of expertise, positioning the Netherlands as a leading exporter of flowers, plants, and horticultural products. The sector is characterized by a robust infrastructure that