Announced
Financials
Tags
Majority
Private
Cross Border
Farming Fishing Ranching and Plantations
Pending
Friendly
Acquisition
vertical farms
Private Equity
Germany
Single Bidder
Synopsis
Kalera, a vertical farming company, agreed to acquire &ever, a vertical farming company, from Nox Management, an investment company, for $150m. "With Kalera's farms in North America and &ever's operations in Asia, the Middle East and Europe, we will jointly revolutionize the global vegetable production industry and further expand our market leadership in vertical farming. We see &ever's climate cell technology and their high degree of automation as excellent additions to our advanced nutrient management system, which will further increase the productivity of our production facilities," Daniel Malechuk, Kalera CEO.
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