© GreenyardGreenyard announced the closing of two transactions: Bardsley Horticulture Ltd has acquired all shares held by Greenyard Fresh UK Ltd in Bardsley Fruit Enterprises Ltd. As a result, both companies will no longer operate together in this Joint Venture, which consisted of a fruit packing station.
Additionally, and as announced on 14 June, Greenyard has also closed the sale of 100% of the shares of Greenyard Prepared Netherlands to Cornerstone Investment Management, in cooperation with Kartesia. Greenyard Prepared Netherlands is active in the processing and supply of high-quality, freshly harvested mushrooms in cans and jars.
Camellia Plc (CAM.L, Camellia), the global agriculture group, announced the purchase of an 80% stake in Bardsley England for £15.7m. Camellia will also make a loan to Bardsley of £9.3m.
Bardsley England is a major fruit farming business and the UK’s second largest apple grower. The farming operation covers 850 hectares (2,100 acres) in Kent and includes 27 orchards growing apples, pears, cherries, plums and grapes as well as a large grading, packing and storage facility. Bardsley grows nearly 18,000 tonnes of fruit a year and at peak season it employs 550 staff. Bardsley is an innovator in the use of agritech, employing technology such as micro-climate sensors to monitor for adverse weather and wet leaf sensors to give early indication of pests and disease. It also uses a combination of trailer-mounted machine vision devices and remote satellite technology to improve yield predictions and crop management.
For more information:
Cedric Pauwels
Greenyard
Tel: + 32 15 32 42 00
Email: [email protected]
www.greenyard.group
Tom Franks
Camellia Plc
Tel: +44 1622 746655
www.camellia.plc.uk
