Growy Hold­ing B.V.

HVG Law and EY advised Growy on its acquisition of &Ever from Kalera International

Transaction

Amsterdam-based vertical farming company Growy has acquired all of the assets, IP, and the core team of Kalera International, formerly known as &Ever.

The acquisition adds the fully operational automated farm in Kuwait as well as the new farm in Singapore to Growy’s portfolio.

Growy is a pioneer in the next level of farming. The Dutch company builds and operates highly automated, energy-efficient, and sustainable indoor vertical farms. The transaction allows Growy to further build its unique technology stack, gain global reach, and form a strong management team with deep technical and commercial expertise at a global scale.

Ard van de Kreeke, Founder and CEO of Growy, says: “The acquisition is an important milestone on our way to building one of the first financially viable business models in the indoor vertical farming industry. It gives us access to strong technology, IP, and an experienced management team.”

About Growy

Growy is an indoor vertical farming company from Amsterdam dedicated to improving the global food system by providing tasty, healthy, and affordable greens. Growy achieves this using next-level technologies such as robotics, machine learning and agile ways of working, which are combined with decades of experience in agriculture to build and operate some of the few financially profitable indoor vertical farms.