Edify to acquire a 98% stake in Agromillora from Investcorp.

Edify, an investment holding company, agreed to acquire a 98% stake in Agromillora, an operator of a plant nursery, from Investcorp, a global manager of alternative investment products. Financial terms were not disclosed. “This investment corresponds fully to Edify’s investment strategy in innovative and tech-oriented agricultural segments. In partnership with the founders and management team, Edify wishes to support Agromillora’s growth in full-service solutions for arborists, with a particular focus on super high density systems, and on the development of a modern and sustainable agriculture worldwide through innovation, new genetics and technology," Wilfrid Le Naour and Oussama Takla, Edify Vice-Chairman of the Board and Investment Director.