GreenV to acquire a 25% stake in Apex Greenhouses.

GreenV, a greenhouse technology firm, agreed to acquire a 25% stake in Apex Greenhouses, a greenhouse construction company. Financial terms were not disclosed. “Projects are becoming larger and more complex. Our typical client 10 years ago was a family operation and while they are still an important part of our customer base, we see larger corporate interests entering the space with heavy investment worldwide from PE, super funds and listed companies. High tech greenhouse projects are capital-intensive, so the monetary injection is needed if we are to feed the planet," Folco Faber, Apex Greenhouses Director.