Costa Farms

 

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3/10/2017

Costa Farms Acquires Leading Foliage Company Delray Plants

Miami - Costa Farms announced today the acquisition of Delray Plants, one of the leaders in the houseplant industry. Founded in 1968 by Jake Koornneef, the Koornneef and Gilde families and the Delray team have built a rich legacy reflected in the company’s high-quality products and state-of-the-art production facilities. Delray Plants recently was recognized as the 14th largest grower in the United States.  Jose Smith, CEO of Costa Farms, says the acquisition is a unique opportunity. “Costa Farms has long admired Delray Plants and its contributions to our industry.”   Smith says Delray has a diversified product line which adds significant synergies to our growing organization. “We are committed to the growth of our team and industry,” added Smith. Just three years ago, Costa Farms acquired the Hermann Engelmann Greenhouses and has taken the sales of Exotic Angel plants to new heights. Randy Gilde, CEO of Delray Plants, agrees with Costa Farms. “The hard working team at Costa Farms is committed to the same values and principles that guided the Koornneef and Gilde families for almost 50 years.  Their goal is our goal - to bring the best foliage and newest varieties to market, educate the consumer, and grow a sustainable product.” “We can’t imagine a better company to help move our legacy forward,” says Gilde. Costa Farms is expanding its reach in the indoor houseplant category at a time when consumers are getting closer to nature and potted plants and green walls are becoming a greater part of home décor.  “We are working tirelessly to recruit the next generation of consumers through education and innovations that will help consumers succeed with our products,” added Smith. Media Inquiries: Stacey Pierson, 610-444-3040

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