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Announced

Completed

Semios completed the acquisition of Centricity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Private

food distribution

Domestic

Single Bidder

Majority

Completed

Acquisition

Food Products

Synopsis

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Semios, a precision-farming platform for permanent crops, completed its acquisition of Centricity, a food producer and distributor. Financial terms were not disclosed. "At Semios, we understand the essential role data plays in informing key decisions that can affect the overall health and success of crops. Growers today are tasked with the management and interpretation of data from a growing number of important agriculture solutions which collectively are taking them away from what they do best. Centricity and Semios offer complementary solutions to an overlapping customer base and the integration of our offerings into one dashboard will give growers access to valuable information they need all in one place, making their jobs easier," Michael Gilbert, Semios CEO.

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