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. It also has a retail-focused presence in-store and online. TPG, who bought a majority interest in Hasfarm last December, are putting their floral M&A playbook in full bloom, as it looks to build multi-regional market leaders. The deal has the unanimous support of Lynch’s board and is currently subject to shareholder approval. The sweet smell of transformative M&A!