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Kalera AS to Acquire &ever GmbH to Form a Global Leader in the Vertical Farming Industry

Kalera AS (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), one of the fastest-growing and largest vertical farming companies in the world, announces today that it has entered into a share purchase agreement for the acquisition of all shares in &ever GmbH, a global leader in baby leaf indoor farming, for a total consideration reflecting an enterprise value for &ever GmbH of EUR 130 million on a cash and debt free basis as of 1 July 2021. T

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Singapore: Mega-Farm, Research Center To Open By December 2021

&ever is currently building a mega-farm in Singapore with support from the Singapore Food Agency, SFA, and the Economic Development Board, EDB, and will be launched by the end of 2021. The mega-farm will be 15m high and have an annual production capacity of up to 500,000 kg of leafy greens.

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