Target: | Duijvestijn Tomaten |
Seller: | Duijvestijn Tomaten |
Advisory sell side: | YEALD | M&A Advisory JB Law | Legal Advisory |
Buyer: | The Flavour Farm |
Advisory buy side: | NautaDutilh | Legal Advisory Corporate M&A BDO | Financial Advisory | Date announced: | 2023-07-04 |
The Flavour Farm announced that it has acquired Duijvestijn Tomaten BV (“Duijvestijn”), a leading European producer and marketer of tomatoes grown in high-tech Dutch glasshouses powered by green energy infrastructure. The acquisition of Duijvestijn marks the first step in Cibus’ launch of The Flavour Farm, a European platform focused on the production of sustainable, local and year-round fresh produce in controlled environment facilities powered by renewable energy. The strategy expedites the decarbonisation of high-value vegetable production within the region.
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