A vertically integrated market leading supplier of premium coconut coir substrates, serving commercial horticulture and hydroponic fruit growers across numerous international markets. Trading ceased on 11 May 2026, and offers are invited for the business and assets.
Business Highlights:
Operating from the UK and 7 production facilities in Sri Lanka, the company benefits from direct access to high-quality raw materials within the country’s renowned “Coconut Triangle”.
Differentiated from competitors through use of patented proprietary substrate technologies, resulting in yield enhancement, reduced water and fertiliser usage, supporting growth in peat free agriculture.
Strong product demand – exporting c. 800 containers pa to growers of berries, salad leaves and citrus fruits, with customers in 13 countries in Europe, Central and Southern America
Highly scalable manufacturing operations with capacity to increase production levels.
Sales via in house team and network of international distributors.
Significant market opportunity in a rapidly expanding sector.
FY 2025 t/o – c. £17.3m. Gross margin c. 30%.
Business Assets:
Patent Portfolio – Patents in various jurisdictions relating to engineered coir growing media, including around nutrient profiling, layering and substrate structuring
Shareholdings – The shares of the subsidiaries, which include the Sri Lankan operations. Assets include the long leasehold manufacturing facilities in Sri Lanka, associated machinery and equipment, workforce of c 500 (currently not operating). We understand there is significant debt within the subsidiaries.
Employees – The team including key business generating employees with strong client relationships.
Intellectual Property – The established brand name, unregistered trademarks, domain name, copyright in the website content, database of suppliers and customers, social media accounts.
Company Infrastructure – The proven company systems, procedures and infrastructure.
Goodwill – The valuable goodwill attaching to the business.
Sale Process and Further Information
The deadline for expressions of interest is Wednesday 20 May 2026, 4pm BST
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to [email protected]
Terms and Conditions
No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply. Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.
