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Announced

The Carbon Blockchain to acquire Minerva Green.

Financials

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

Tags

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Single Bidder

Private

Farming Fishing Ranching and Plantations

Pending

Friendly

Domestic

agriculture

Majority

Acquisition

hemp products

South Africa

Synopsis

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The Carbon Blockchain, a carbon finance and technology services company, agreed to acquire Minerva Green, a South African agriculture group specializing in the development of proprietary, indigenous African hemp strains. Financial terms were not disclosed. "We are excited to accelerate industrial hemp production and processing in South Africa by combining advanced technologies with regenerative farming. Our focus will be on socio economic upliftment and the inclusion of local genetics and plant cultivation expertise," Mike Laws, Minerva Green Founder.

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