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Announced

Completed

A consortium of investors led a $181m funding round in Pure Harvest.

Financials

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Transaction Value£148m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Minority

Single Bidder

Private

Farming Fishing Ranching and Plantations

agriculture technology

United Arab Emirates

Acquisition

Private Equity

Venture Capital

Completed

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Synopsis

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A consortium of investors, including Metric Capital Partners, IMM Investment and Olayan Group led a $181m funding round in Pure Harvest, a sustainable technology-enabled agribusiness. “It’s clear that controlled-environment agriculture is becoming increasingly important as a solution to food security issues while also mitigating the environmental impact of food production. We believe Pure Harvest is extremely well positioned to thrive in this growing market driven by its excellent team, innovative approach, and proven track record of building and operating at scale in a region characterized by difficult climatic conditions for agriculture,” Bjørn Tessiore, Metric Capital Partner.

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