
Announcements
Vacancies
"Tweeting Growers"
Top 5 - yesterday
- CAN (SK): “The flowers take a long time to start growing but it is worth it because they are so beautiful”
- Plants remove cancer causing toxins from air
- Use of prohydrojasmon to suppress Frankliniella occidentalis and tomato spotted wilt virus in chrysanthemums
- Kuehne+Nagel announces management changes in Middle East and Africa region
- UK: Award-winning Chelsea Flower Show garden to go on display in Hampshire
Top 5 - last week
Top 5 - last month
- Hasfarm’s network expands in Indonesia, partnering with Bromelia Flowers and Tropika
- "Breeders need to study the Chinese market carefully before introducing a variety"
- Royal Flowers merges with The Elite Group
- North America: “Unbridled optimism for Mother’s Day tempered by reality”
- “A new sales channel for flower companies without any labor or high fixed costs”
US: Markel acquires majority interest in Costa Farms
Headquartered in Miami, Florida, Costa Farms is the largest producer of ornamental plants in the world. Founded in 1961 by Jose Costa, Costa Farms is a third-generation, family-owned business that stretches over 4,000 acres globally and employs nearly 5,000 people. Along with thriving indoor and bedding plant divisions, Costa Farms operates merchandising services and young-plant production divisions, with operations domestically in South and Central Florida, North Carolina and South Carolina, and abroad in the Dominican Republic and Asia. Jose Smith, CEO Costa Farms, said, "This partnership with Markel allows us to partner with a company with similar goals and values. We share the same desire to win and provide solutions to our customers."
Markel, through its subsidiary Markel Ventures, makes long term investments in high quality companies. "The Costa family and their team have spent generations building a company that beautifies people's lives and homes with millions of plants and garden flowers each year", said Tom Gayner, Co-CEO Markel Corporation. "We love what they do and the way they go about doing it, and when they approached us looking for a partner to support the continued growth of this incredible company for future generations, we couldn't have been more excited."
For more information:
www.markelcorp.com
www.costafarms.com
Publication date:
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Other news in this sector:
- 2023-05-31 NZ: New people join HortNZ Board
- 2023-05-31 Stuppy celebrates 150th anniversary
- 2023-05-31 Kuehne+Nagel announces management changes in Middle East and Africa region
- 2023-05-30 "Since the merger, we’re focusing more on greenhouse segments"
- 2023-05-30 NL: Double screen installation at Van Daalen Cymbidium
- 2023-05-30 Eason Horticultural Resources adds Logistics Specialist John Ollis to its logistics team
- 2023-05-29 Dissolved oxygen platform launched
- 2023-05-26 GroupDC acquires Hawita
- 2023-05-26 Eric Labbate, founder of Climate Control Systems, retires after 38 years
- 2023-05-25 CAN (ON): Josh MacIntyre joins Royal Brinkman as Sales Manager
- 2023-05-25 Pasadena Tournament of Roses Foundation announces 2023 grant awards totaling over $240,000
- 2023-05-25 Green Simplicity joins GreenV
- 2023-05-25 Turkish cargo adds value to nation's exports
- 2023-05-24 From You Flowers and FTD announce merger
- 2023-05-24 Photo Report: Greenhouse Management Training Day, China:“ Knowledge, Awareness, Sharing“
- 2023-05-24 Marginpar and VBW launch collaboration
- 2023-05-23 Kenya: Murara Plants wins renewable Energy Award during EMA 2023
- 2023-05-23 Sollum Technologies appoints Michael Hanan for the US market
- 2023-05-23 Kenya Flower Council inks MoU with Safal Group
- 2023-05-23 Iowa State University Supplier of the Year Award for horticultural suppliers