AgriFORCE Reports Further Progress on Planned Acquisition of Delphy, a Leading European Agriculture/Horticulture and AgTech Consulting Firm
The transaction is expected to be completed in the current calendar year, subject to AgriFORCE shareholder approval.
- The transaction is expected to be completed in the current calendar year, subject to AgriFORCE shareholder approval.
- Additionally, the reduction in the planned purchase price with the addition of an earnout component reflects the further alignment of our interests and our mutual confidence in the outlook for the business.
- Importantly, we believe this accretive acquisition will significantly transform our business and help catapult AgriFORCE onto the global stage.
- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an AgTech company focused on the development and acquisition of crop production know-how and intellectual property augmented by advanced AgTech facilities and solutions.