Announced
Completed
Financials
Tags
Cross Border
Minority
Single Bidder
Private
Farming Fishing Ranching and Plantations
agriculture technology
United Arab Emirates
Acquisition
Private Equity
Venture Capital
Completed
Friendly
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.