About Costa Group
Costa Group is a company based in Victoria Park (Australia) founded in 1937, and was acquired by Driscoll's in February 2024. It operates as a fresh fruits and vegetables are cultivated and distributed globally. Costa Group has raised $161 million across 1 funding round from investors including Driscoll's and Paine Schwartz Partners. Costa Group has completed 4 acquisitions, including 2PH, AFRICAN BLUE and Nangiloc Colignan Farms. Its website costagroup.com.au draws about 15 thousand monthly visits. Costa Group offers products and services including Avocados and Berries.
Company details
Costa Group was founded in 1937 in Victoria Park, Australia, within the agriculture sector. A variety of produce, including avocados, bananas, berries, citrus fruits, grapes, mushrooms, and tomatoes, is grown and distributed. Operations cover the full supply chain, from cultivation and harvesting to packing and logistics. Advanced techniques and international partnerships are employed to support consistent quality and availability across regions.
- Headquarters Victoria Park, Australia
- Stage Acquired
- Email••••••••
- Website costagroup.com.au
- Social LinkedIn Facebook Instagram
- Acquired by Driscoll's (Feb 2024)
- Legal Name Costa Group
- Total Equity Funding$161M (USD)
in 1 rounds
- Latest Funding Round$161M (USD), Series D
Oct 2022
- InvestorsDriscoll's
& 1 more
- Investments & Acquisitions2PH
& 3 more
- Acquired byDriscoll's
(Feb 2024)
Products & Services of Costa Group
Costa Group offers a comprehensive portfolio of products and services, including Avocados and Berries.
Avocados are grown and supplied by Costa from various hectares, providing nearly year-round availability.
Berries are produced and delivered by Costa as one of Australia's leading producers, including blueberries, raspberries, strawberries, and blackberries from multiple farms.
Funding Insights of Costa Group
Costa Group has successfully raised a total of $161M through 1 strategic funding round. The most recent funding activity was a Series D round of $161 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $161M
- Total Rounds 1
- Last Round Series D — $161M
- First Round $161M
(Oct 2022)
- Investors Count 1
All 1 funding rounds of Costa Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $161M | Series D | – | Paine Schwartz Partners | – |
2 investors in total: 2 institutional.
Investors in Costa Group
Costa Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Driscoll's and Paine Schwartz Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm focused on food and agribusiness sectors | – | paineschwartz.com | New York, United States | |
Grower and marketer of fresh organic and conventional berries | 1950 | driscolls.com | Watsonville, United States |
Investor details for Costa Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Costa Group
52 people are tracked at Costa Group (13 in leadership, 3 in board & advisors, 36 in team).
| Name | Role | Group |
|---|---|---|
Harry Debney | Interim CEO & Non-Executive Director | Leadership |
Carl Phillips | Chief People Officer | Leadership |
Wayne Johnston | CFO | Leadership |
Tony Di Paolo | Chief Technical Officer | Leadership |
Marc Werner | Chief Operating Officer | Leadership |
Kirsty Deglas | Chief Strategy Officer | Leadership |
Ryan O’Keeffe | General Manager, Costa Farms & Logistics | Leadership |
Ravin Balendran | Head Of Procurement | Leadership |
Millie Li | Head Of Human Resources-china | Leadership |
Harvey Martin | Divisional Head Of HR | Leadership |
Kristian Zach | Division Chief Financial Officer | Leadership |
Arpan R. | Head Of Data And Integrations | Leadership |
John Zuniga | Head Of Information Technology | Leadership |
Tim Goldsmith | Independent Non-Executive Director | Board & advisors |
Jane Wilson | Independent Non-Executive Director | Board & advisors |
Neil Chatfield | Chairman Independent Non-Executive Director | Board & advisors |
John Reeves | Production Manager | Team |
Christoph Siebold | Group Analytics Manager | Team |
Peter McPherson | GM, Berry Category International | Team |
David Thomas | General Counsel & Company Secretary | Team |
32 more people are available in the full profile.
Complete people profiles for Costa Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Costa Group
Costa Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 2PH, AFRICAN BLUE and Nangiloc Colignan Farms.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online B2B platform offering groceries | selectfresh.com.au | Canning Vale, Australia | 1994 | Jul 2021 | •••• | |
Orange farm is owned and operated in Roma, Australia. | 2ph.com.au | Roma, Australia | 0 | Jun 2021 | $231M | |
Precision weighing systems are supplied for construction and agriculture sectors. | ncf.net.au | Victoria Park, Australia | 1960 | Nov 2018 | •••• | |
Blueberry fruits are produced and marketed by African Blue. | africanblue.com | Sale, Morocco | 2007 | Feb 2017 | •••• |
Complete acquisition details for Costa Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Costa Group
8 dated milestones of Costa Group across 87 years, from founding to its latest funding, stage changes and deals.
- Founded Costa Group is founded.
- Acquisition Acquires AFRICAN BLUE.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Nangiloc Colignan Farms.
- Acquisition Acquires 2PH.
- Acquisition Acquires Select Fresh.
- Funding First funding round of $161.0M.
- Exit Acquired by Driscoll's.
Web traffic of Costa Group
The website of Costa Group (costagroup.com.au) receives about 14.8K visits a month.
- Monthly visits14.8K
▼ 4.5% vs previous month
Websites whose visitors overlap most with Costa Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
freshconex.de | freshconex.de | 100% | – | – | – |
vitor.com.au | vitor.com.au | 100% | – | – | – |
| driscolls.com | 39% | 157.9K | #378,940 | View details |
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Frequently Asked Questions about Costa Group
Costa Group was founded in 1937 and raised its 1st funding round 85 years after it was founded.
Costa Group is headquartered in Victoria Park, Australia. It is registered at Victoria Park, Western Australia, Australia.
Costa Group is a funded company, having raised a total of $161M across 1 funding round to date. The company's 1st funding round was a Series D of $161M, raised on Oct 2022.
Costa Group was founded in 1937 in Victoria Park, Australia, within the agriculture sector. A variety of produce, including avocados, bananas, berries, citrus fruits, grapes, mushrooms, and tomatoes, is grown and distributed. Operations cover the full supply chain, from cultivation and harvesting to packing and logistics. Advanced techniques and international partnerships are employed to support consistent quality and availability across regions.
Costa Group offers Avocados and Berries.
Costa Group has made 4 acquisitions, including 2PH, AFRICAN BLUE, and Nangiloc Colignan Farms.
Costa Group has 2 investors. Key investors include Driscoll's, and Paine Schwartz Partners.
Costa Group operates through Costa Group.
Yes. Costa Group was acquired by Driscoll's in February 2024.