Loveday Mushroom Farms Ltd.

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Loveday Mushroom Farms Ltd. - overview

Established

1932

Location

Winnipeg, MB, Canada

Primary Industry

Food

About

Loveday Mushroom Farms Ltd. cultivates and distributes a wide range of high-quality mushrooms, focusing on sustainable agricultural practices to meet the growing demand for fresh, organic produce in North America and Europe. Founded in 1932, Loveday Mushroom Farms Ltd. is based in Winnipeg, Canada, and specializes in mushroom cultivation and distribution.


The company has remained consistent in its operations over the years, focusing on high-quality products without notable pivots. No parent or subsidiary relationships have been reported. The company has conducted a single deal, with the most recent transaction occurring on July 21, 2020. Loveday Mushroom Farms Ltd.


specializes in the cultivation and distribution of high-quality mushrooms, serving a diverse consumer base that includes retailers, wholesalers, and food service providers. The company's core product offerings encompass a variety of mushroom species, which are grown using sustainable agricultural practices designed to meet the rising demand for fresh, organic produce. These mushrooms address the growing consumer interest in healthy eating and alternative protein sources. The company has established a strong presence in key geographical markets, including major metropolitan areas across North America and Europe.


Loveday Mushroom Farms Ltd. generates revenue primarily through direct sales to retailers and food service companies, facilitating a streamlined distribution model that allows for fresh products to reach consumers quickly. The transactional structure typically involves bulk purchases of various mushroom products, which are sold at competitive pricing to meet market demand. Partnerships with grocery chains and specialty food outlets enhance the company's reach, ensuring that their products are readily available to a wide array of customers.


Following its acquisition by South Mill Champs on July 21, 2020, financial terms undisclosed, Loveday Mushroom Farms Ltd. aims to expand its product range with new mushroom varieties planned for launch in the coming year. The company is targeting expansion into new geographical regions, particularly focusing on increasing its footprint in the European market by 2023. Recent funding will be utilized to support these initiatives and enhance the operational capabilities of the company.


Current Investors

South Mill Champs

Primary Industry

Food

Sub Industries

Other Food Products

Website

www.lovedaymushroomfarms.ca

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Loveday Mushroom Farms Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedLoveday Mushroom Farms Ltd.-

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