Announced

Wafra to invest $100m in Pure Harvest.

Synopsis

Wafra, a Kuwaiti investment firm, agreed to invest $100m in Pure Harvest, which focuses on the production of greenhouse fruits and vegetables in the challenging climates of Gulf region using Dutch greenhouse growing technologies. "The global need for innovation in agriculture has never been greater. The recent Covid-19 crisis and resulting supply chain disruptions further highlight the need for sustainable local-for-local food production capacity, especially for fresh, nutrient-rich foods," Sky Kurtz, Pure Harvest Founder and CEO.

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MergerLinks - Wafra to invest $100m in Pure Harvest.