Mitsubishi Corporation (MC) has invested in Divert Inc., a U.S.-based circular economy company focused on preventing food waste and generating renewable natural gas. The investment will support Divert’s growth strategy and establish new pathways for renewable natural gas in Japan and other global markets.
| Acquirer | Mitsubishi Corporation (Japan) |
|---|---|
| Target | Divert Inc. (U.S.) |
| Type of Deal | Growth investment |
| Deal Value | Undisclosed |
| Stake Acquired | <50% |
| Closing Date | 2026-04-15 |
| Announcement Date | 2026-04-15 |
| Buy-Side Advisor | Solomon Partners (U.S.) |
Deal Mechanics
Mitsubishi Corporation has made a strategic equity investment in Divert, Inc., marking the company's Series C financing round. The transaction grants Mitsubishi preferred offtake rights for renewable natural gas generated from food waste managed by Divert.
Strategic Rationale
The partnership aims to capitalize on growing regulatory pressure and decarbonization goals in multiple markets. Mitsubishi brings extensive expertise in energy markets, which will support the development and operation of Divert’s infrastructure for renewable natural gas production. This investment aligns with Mitsubishi's focus on sustainable solutions that strengthen resource resilience.
Financial Context
Divert has established a model that leverages data to prevent food waste, facilitate edible food recovery, and convert unsold food products into renewable energy. The company’s valuation is now over $1 billion, reflecting its strong market position in the organics resource recovery sector.
Advisors
Solomon Partners served as exclusive financial advisor to Divert Inc. for this investment round.