Kartesia has invested in Okechamp Group, Europe’s leading producer of highest quality preserved mushrooms.
Headquartered in the Netherlands and Poland, yhe company operates a large mushroom farming unit in Poland and two mushroom processing units in Poland and the Netherlands as well as distribution capabilities across more than 40 countries on six continents.
Kartesia has committed a total of EUR78 million debt and equity from its Kartesia Credit Opportunities Funds (KCO) IV & V. The capital injection will be used to strengthen the group’s balance sheet, allowing it to pursue further organic and external growth and accelerate its international development. The deal team at Kartesia comprised Giuseppe Mirante, Sebastian Afflerbach and Jorge Gimenez-Arribas.
Andrzej Klesyk, Managing Partner at Cornerstone Investment Management, says: “The Okechamp group will become a leading player in the highly attractive mushroom industry, which is experiencing sustainable growth based on healthy diets and emergence of meatless alternative foods. With its pan-European production set-up and a highly capable management team, the company is in a unique position to benefit from this trend.”