Trade and Assets of a Leading Global Agritech Business

Sale Type:

Business For Sale

Offer Deadline:

Friday 25 October 2024, 5pm BST

Project Hydro Teaser

Project Hydro

Group Overview 

• The business combines vertical farming technology and hardware with real-time AI-enabled biofeedback.
• Extensive product range, with c.75 different crops in its portfolio, including herbs, salads, and microgreens.
• Natural production with no chemical pesticides, herbicides or fungicides used.
• Historical customer base from over 30 of the world’s top retail chains.
• Unique Farming-as-a-Service model offering a turnkey solution to farmers and producers.
• Significant investment undertaken to date for assets and R&D.

Investment Highlights

• Significant asset base including Plant & Machinery (‘P&M’) located in North America.
• An active farming facility in North America with c.2,500 sqm for production.
• Cutting edge modular farming technology used, allowing for 95% less land and water consumption compared to traditional farming.
• Localised assets ensure efficient supply chain by minimising distance between production within urban centres and the end consumer.
• Significant market potential through historic customer base and crop assortment.
• Accelerated process with a tight deadline for initial offers and completion. Any reasonable transaction structure will be considered.

Key Financials 

c.€40m
R&D & technology investment

c.€18m
P&M in fully operational vertical farm