With this announcement, Local Bounti has become one of the first U.S. based Controlled Environment Agriculture (CEA) companies to participate in the initiative, joining thousands of other companies globally that are committed to taking action to build a better world.
&ever is a vertical farm company headquartered in Germany with operations in the Middle East, Asia and Europe. The acquisition will transform Kalera into a global vertical farming leader, accelerating its plans for international growth and broadening its product line to include several cut leaf baby greens in high demand.
Coming online in the second quarter of 2022, AeroFarms’ next-generation Model 5 farm will be the largest and most technologically advanced aeroponic indoor vertical farm in the world.
Today, 80 Acres Farms has four locations in Greater Cincinnati. Its latest will support the new Kroger partnership, bringing 10 million fresh produce servings to communities across the Midwest.
In conjunction with the transaction, Equilibrium Chairman and CEO and AppHarvest Board Member Dave Chen will exit the AppHarvest board. Chen had been serving on the nominating and governance committee.
AeroFarms announced that Dane Almassy has joined as VP of Sales to help drive further retail expansion to meet increasing consumer demand for AeroFarms’ safely grown, nutritious and delicious produce.