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New Deal


Announced

Completed

Kalera went public via a SPAC merger with Agrico Acquisition in a $375m deal.

Financials

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Transaction Value£279m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Farming Fishing Ranching and Plantations

Private

Domestic

Acquisition

De-SPAC

Majority

Reverse Takeover

vertical farming

Friendly

United States

Completed

Synopsis

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Kalera, a vertical farming company, went public via a SPAC merger with Agrico Acquisition, a special purposes acquisition company, in a $375m deal. “Kalera is unrivaled in its technology and ability to deliver healthy and nutritious produce for consumers around the globe. As a public company, Kalera will have the platform to fully execute against its vision, further accelerate its commercial programs and expand its growing portfolio and position in the market. We are excited about the future and continuing to work alongside Jim and the entire management team in its public phase,” Brent De Jong, Agrico Chairman and CEO.

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