Hasfarm Holdings, majority owned by private equity group TPG, are embracing ‘flower power’ in a reported $270 million takeover bid for Sydney-based flower producer and wholesaler, Lynch Group. If the deal goes through Lynch will start planting new roots in Asia’s largest grower of temperate flowers. Hasfarm itself is headquartered in Hong Kong. Its flower empire operates out of Vietnam, China and Indonesia, including wholesale businesses in China, Japan and Vietnam.
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