Announced
Financials
Tags
Private
greenhouse facilities
Minority
Specialty Contracting
Pending
Netherlands
Friendly
Acquisition
Single Bidder
Cross Border
Synopsis
DENSO, a global automotive components manufacturer, agreed to acquire a 40% stake in Certhon Group, a greenhouse provider based in the Netherlands. Financial terms were not disclosed. Through this capital alliance, and combined with Certhon’s horticulture business knowledge, DENSO will develop next-generation greenhouse technologies, such as fully automated indoor farming, and sell greenhouse package solutions tailored to the diverse needs of countries across the world.
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