Growing media producer Pindstrup acquires coco supplier La Mundial de Coco

Denmark-based growing media producer Pindstrup Mosebrug has acquired La Mundial de Coco, a Dominican Republic-based supplier of coco products, including renewable coco fibre and coco pith.

Pindstrup said in a news release that driven by the increasing global demand for growing media, it continues to expand and diversify its raw-material foundation. It's also expanding its wood fiber production.

"I am very thankful that the owner of La Mundial de Coco, Alberto Rosi, and his team have placed their trust in Pindstrup and allowed us to take over this well-run company," said Pindstrup CEO René Gjerding. "The acquisition supports our growth journey as well as the green transition that Pindstrup is fully committed to. Our target for 2028 is to reach 40% non-peat raw materials in our growing media, and we are already at 34%. La Mundial de Coco’s products and the possibilities to grow this business is a significant step in the right direction of setting even more ambitious targets to include more sustainable raw materials in our solutions in the future."

La Mundial de Coco, which was founded 30 years ago, processes the coco husk mechanically and entirely under roof.

"La Mundial de Coco processes its products in safe and well-controlled conditions — the best set-up we have seen, and one that bears evidence of a strong technological foundation as well as standards and values that are fully aligned with those of Pindstrup," Gjerding added. "With the existing plant as our base, we are very committed to investing in and further developing La Mundial de Coco."

"La Mundial de Coco is very proud to join the Pindstrup Group — a well-respected player in the industry that we have come to know as a trustworthy company with a dedicated team," said Alberto Rosi, founder of La Mundial de Coco. I am pleased to know that what we founded 30 years ago will continue to grow in the hands of Pindstrup."

The La Mundial de Coco acquisition was completed less than five months after the acquisition of Latvia-based Compaqpeat.

A 100% family-owned business, Pindstrup was founded in 1905 and has production facilities in Brazil, Denmark, Estonia, Latvia, Spain and the U.K. and sales offices in China, North America, South America, Southeast Asia and across Europe. Its products are sold in more than 100 countries, and it has about 950 employees globally.

Its product portfolio increasingly comprises growing media based on renewable and circular raw materials to deliver more sustainable solutions.