潜水简报:
- Indoor farming company Local Bounti is获取竞争对手荷兰俱乐部生产集团,增长并以12250万美元的元素为单位而销售绿叶蔬菜。该交易预计将在第二季度初期关闭。
- California-based Pete's has three indoor growing facilities: two in California and one under construction in Georgia. Its greens are distributed to about 10,000 retail locations, including Kroger, Target and Walmart stores. All of Pete's 130 employees will join Local Bounti, and its management team will remain in place to lead what will become a subsidiary of the firm.
- 收购 - 本地Bounti的第一个自上市以来through a special purpose acquisition company merger in November — helps the startup quickly expand its indoor farming knowledge and retail footprint.
潜入洞察力:
In choosing its first acquisition, Local Bounti is picking a business that will immediately add stability and scale to its operations.
Founded more than 50 years ago, employee-owned Pete's adds 25 years of experience in leafy greens and long-term customer relationships to Local Bounti, which was launched only four years ago by two private equity executives.
根据新闻稿,它还提供了一些需要的金融稳定性:Pete的收入总计为2270万美元,在过去五年中,它在过去五年中,毛利率为45%。相比之下,本地Bounti报告销售2021美元的638,000美元与前一年的82,000美元,这是由于其SPAC合并的大小。它在2021年发布了5610万美元的净亏损,毛利率占上年至-11%的32%。
Pete's main products include roots-on and packaged butter lettuce — it has about an 80% share of the controlled environment agriculture (CEA) market for the Western U.S., according to the press release. In addition, it offers packaged salad and cress, all of which it grows hydroponically in computer-controlled greenhouses.
With access to Pete's retail customer base, which also includes national chains such as Albertsons, Whole Foods and AmazonFresh, Montana-based Local Bounti would be able to essentially expand its total retail distribution roughly 20-fold. Its leafy greens, salad mixes and herbs are currently supplied to about 500 stores in the western U.S.
"This synergistic acquisition is a unique opportunity to combine a highly complementary and profitable CEA market leader in Pete's with Local Bounti's technological solutions to significantly accelerate market access for our superior produce varieties and create one of the largest CEA companies in the United States," CraigHurlbert,Local Bounti's co-CEO, said a statement.
本地Bounti计划在Pete的三种设施中安装其堆叠和流动垂直的农业技术,并加速生产。CEA公司在蒙大拿州汉密尔顿拥有自己的一个设施。它被设定为在华盛顿帕斯科帕斯科的第二个设施中破解,这将是今年的运作,但宣布它将是暂停项目为了确保其设计是“完全优化的,以驱动一流的单位经济学,并在继续建设之前考虑Pete现有的生长系统的协同效应。”这也不清楚这笔交易如何影响其他未来的工程设施,包括为科罗拉多州和内华达州计划的两项计划。
室内农业空间已经努力建立可持续增长和盈利能力 - 通过运营的成本密集性和增加效率的压力。
2月,斜视announced a net loss of $166.2 millionfor its fiscal year 2021, which included $60 million from its purchase of an AI-enabled robotics firm to help with harvesting. In addition to Local Bounti, AppHarvest is one of the few publicly traded indoor farming companies, and its stock price has languished since it went public.
对于当地的博士,这具有国际野心和愿望扩展到其他产品领域,如沙拉套件和浆果,即PETE的收购将是在努力中的关键腿。它将立即成为一个较小的球员在室内农业领域,其中几个种植者正在竞争货架空间,以在消费者之间具有更大的存在和更高的认可。从该交易中增加的现金和更高的利润率也可能在帮助其扩张努力方面发挥重要作用。











