UK potato farmer Produce Investments plans to raise GBP15m (US$23.6m) with a listing on the country’s Alternative Investment Market (AIM).

The company said today (21 October) that it had lined up an admission to the AIM next month.

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Produce Investments grows and supplies potatoes to retailers such as Tesco and Sainsbury’s, as well as the foodservice sector. It operates from five sites, has a seed business that develops exclusive potato varieties and a potato processing business. 

Investec is acting as the company’s advisor on the listing.