1st July 2022
Corporate Mergers & Acquisitions

AgriFORCE Completes Acquisition of Food Production & Processing IP

Adds AgTech patent pending technologies for natural processing and conversion of grains, pulses and root vegetables to low starch, low sugar, high protein and fiber rich consumer products AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, today announced it […]

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International Mergers & Acquisitions

Cibus Funds Expands Agritech Portfolio

The Cibus funds, which specialise in sustainable food and agriculture investments, announced in a press release acquired a majority stake in a leading Australian vegetable seedlings business, Withcott Seedlings, through their Cibus Fund II LP. Withcott Seedlings is a major producer and supplier of vegetable seedlings to both field and glasshouse growers across Eastern Australia. […]

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Mergers & Acquisitions

Local Bounti® To Acquire Pete’s® For $122.5 Million Creating Leading CEA Operator

Local Bounti® this morning announced plans to acquire, California based Hollandia Produce Group, Inc (Also known as Pete’s®) for USD 122.5 million through cash and their lending facility with Cargill. In the meantime, the company has announced that they have increased sales by 678% in 2021 but increased their EBITDA loss.   Local Bounti Corporation […]

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Mergers & Acquisitions

AgriFORCE Intends To Acquire Deroose Plants After Delphy Acquisition Leading To Stock Price Soaring

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, has entered into a binding letter of intent to acquire Deroose Plants NV (“Deroose”), one of the largest tissue culture propagation companies in the world with a leadership position in horticulture, […]

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