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((Short description|Australian horticultural company))
((Use dmy dates|date=July 2019))
((multiple issues|((one source|date=July 2016))
((third-party|date=July 2016))
((more citations needed|date=July 2020))))
((Infobox company
| name  = Costa Group Holdings Limited
| logo = Costa Group logo.png
| type   = [[Public company|Public]]
| traded_as = ((asx|CGC))
| location_city  = [[Ravenhall, Victoria]]
| location_country  = [[Australia]]
| key_people  = Neil Chatfield [[Chairman]]<br>Harry Debney Interim [[CEO]]
| area_served  = Global
| industry  = [[Agribusiness]] 
| products  = [[Fruit]]<br>[[Vegetables]]<br>Other food products
| services  = 
| revenue  = [[Australian Dollar|AUD]] 1,328.7 million (FY2022)
| net_income  = [[Australian Dollar|AUD]] 33.6 million (FY2022)<ref name="Annual Report 2022">((cite web|url=https://investors.costagroup.com.au/investor-centre/?page=annual-report|title=Costa Group Annual Report 2022|date=July 2023|publisher=Costa Group Holdings Ltd|accessdate=2 November 2023))</ref>
| parent =  Paine Schwartz
| homepage  = ((URL|www.costagroup.com.au))
))

'''Costa Group''' is Australia's largest [[Horticulture|horticultural]] company and a major supplier of produce to food retailers.<ref name="Prospectus">((cite web|url=http://www.asx.com.au/asxpdf/20150723/pdf/42zzpkpcflwnkx.pdf|title=Costa Group IPO Prospectus|date=25 June 2015|publisher=Costa Group Holdings Ltd|accessdate=30 July 2016))</ref> The company had an [[Initial public offering|IPO]] in 2015 and was officially listed on the [[Australian Securities Exchange]].

== Operations ==
Costa Group grows most of its produce at its own farms and greenhouses. Divisions include:
* Produce: berries, mushrooms, tomatoes, citrus fruit, bananas, avocados and table grapes<ref name="Annual Report 2022"/> 
* International: grows proprietary varieties of blueberries and other berries for international markets
* Costa Farms and Logistics: Responsible for logistics and wholesaling, as well as banana farming and marketing<ref name="Prospectus"/>

==History==
Costa has undergone significant changes and growth since its origins in a family-owned fruit shop that was founded in [[Geelong]] in 1888. Today, the Costa Group stands as Australia's largest horticultural company with diversified operations across the supply chain from farming and packing to marketing and distribution. 

Costa entered into a strategic partnership with Paine + Partners in 2011 to support further growth and development of the company.<ref>((Cite web|url=https://www.prnewswire.com/news-releases/paine--partners-makes-strategic-investment-in-the-costa-group-australias-top-fresh-produce-company-125949478.html|title=Paine & Partners Makes Strategic Investment in the Costa Group, Australia's Top Fresh Produce Company|author=Paine & Partners LLC|website=[[PR Newswire]]|language=en|access-date=2020-01-28))</ref> The company [[Initial public offering|floated]] on the [[Australian Securities Exchange]] in July 2015.<ref>((cite news |url=https://www.abc.net.au/news/rural/2015-07-23/costa-announces-share-price-$2.25/6643142 |title=Fruit and vegetable giant Costa announces $2.25 share price ahead of ASX float |work=[[ABC News (Australia)|ABC News]] |location=Australia |date=24 July 2015 |access-date=13 November 2020 ))</ref>

Since 2011, Costa has been undertaking a strategic transformation program focused on increasing its scale and vertical integration within its portfolio and reinvesting in the business to refresh core assets and fund growth. Expansion initiatives have included the development of the berry and sweet snacking tomato categories organically, the acquisition of Adelaide Mushrooms (a mushroom producer with operations in South Australia and Tasmania) and additions to its citrus footprint through the entry into long-term leases of ex-Timbercorp orchards in 2011. 

The formation of the African Blue JV in Morocco in 2007 and the formation of a farming joint venture in Southern China have enabled Costa to grow its international interests. Costa now grows approximately 368 ha of blueberries in Morocco and 381 ha of blueberries, raspberries and other berries in Southern China. 

As part of its strategic transformation program, Costa has exited categories such as leafy vegetables, potatoes and stone fruit, as well as downsized non-core operations including table grapes, bananas and logistics.((cn|date=November 2020))

In September 2023, the Board of Costa agreed to a takeover offer from a [[private equity]] consortium led by Paine Schwartz Partners, Driscoll’s Inc and the British Columbian Investment Management Corp at AUD 3.20 per share, valuing the company at approximately AUD 1.5 billion.<ref>[https://www.afr.com/companies/agriculture/paine-schwartz-wins-over-costa-board-with-cut-price-1-5b-offer-20230922-p5e6qn Paine Schwartz wins over Costa board with cut-price $1.5b offer] ''[[Australian Financial Review]]'' 22 September 2023</ref> The takeover is expected to be completed by early 2024.

==References==
((reflist))

((S&P/ASX 200))

[[Category:Companies formerly listed on the Australian Securities Exchange]]
[[Category:Horticultural companies of Australia]]
[[Category:1888 establishments in Australia]]

((Australia-company-stub))
((horticulture-stub))

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