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New Deal


Announced

DENSO to acquire a 40% stake in Certhon Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

greenhouse facilities

Minority

Specialty Contracting

Pending

Netherlands

Friendly

Acquisition

Single Bidder

Cross Border

Synopsis

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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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