Cibus launches The Flavour Farm with the acquisition of Duijvestijn Tomaten BV
| 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.