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

 

Sale Process and Further Information

Indicative offer deadline: 5pm, Friday 25th October 2024

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to  apercival@hilcoglobaladvisors.co.uk

Downloadable NDA

Contacts

Peter Atkinson MRICS

Managing Director

London Office

+44 (0) 7971 997703

patkinson@hilcoglobaladvisors.co.uk