AgriFORCE Growing Systems Forms Joint Venture with Agrigrada

AgriFORCE Growing Systems Ltd., an intellectual property-focused agtech company dedicated to advancing sustainable cultivation practices and food and plant products, announced today that it had formed a joint venture with Agrigrada Sarl, a Swiss management and consulting company with extensive experience in the agricultural and agro-industrial industries.

The joint venture is expected to bolster AgriFORCE’s ongoing acquisition plans. Agrigrada brings expertise in developing and managing sustainable agroforestry projects, including operations in Africa and the USA, which will complement AgriFORCE’s current knowledge portfolio. The partnership is also set to open up commercial opportunities in Africa and other markets, aiming to drive sustainable production of plant-based products.

Under the agreement, AgriFORCE will hold a controlling share of the joint venture.

Joining the joint venture from Agrigrada is Luc Boedt, Ph.D., a seasoned executive with a wealth of experience in the agriculture and pharmaceutical industries. Boedt has held senior executive positions at SocFin, a leading agribusiness company with operations in Africa, Asia, and South America. He has overseen operations in several countries and managed relationships with local governments and communities. Boedt has been instrumental in developing the company’s sustainability strategy, which included initiatives to reduce water usage and increase biodiversity on its plantations.

“We are excited to partner with AgriFORCE to bring cutting-edge agroforestry technologies to Africa and Southeast Asia,” commented Boedt. “This joint venture will allow us to leverage our experience in sustainable agriculture and work with AgriFORCE to develop new solutions that will benefit farmers and communities across the continent.”

Ingo Mueller, CEO of AgriFORCE Growing Systems, expressed optimism about the joint venture. “We are highly encouraged by this joint venture and believe it will help us maximize our acquisition strategy and accelerate the development of our business in Africa and Southeast Asia,” said Mueller. “Given Agrigrada’s successful history and Luc’s impressive background, we believe there are vast opportunities in the industry to leverage Agrigrada’s expertise in sustainable agroforestry and bring cutting-edge technologies to farmers and communities worldwide.”


%d bloggers like this: