This Company Looks To Change The AgTech Industry With The Help Of Some Strategic M&A

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the Latest Report on AgriFORCE.

As Christmas approaches,

AgriFORCE Growing
Systems Ltd.

(NASDAQ: AGRI) is looking back on a series of
exciting mergers and acquisitions (M&As) and forward to a fresh
2023.

AgriFORCE is
an agricultural technology company using cutting-edge innovations and
leveraging a robust intellectual property (IP) portfolio to find
solutions for the future of how food is developed and grown to meet
demand from growing populations.

The
company has recently announced and has pending a

series
of acquisitions

, including data and consulting company

Delphy Group

, biotech company

Deroose Plants NV

and IP
from

Manna Nutritional Group

(MNG).

These
form

part of its growth model for the future.

Building
On A Foundation Of Four Pillars

AgriFORCE’s clear mission to the agricultural
industry is supported by four pillars:

1)

Facility and lighting design.

The company delivers controlled-environment agriculture solutions
emphasizing innovative designs. These utilize the power of natural
sunlight within a controlled facility to create optimal plant growth
conditions.

2)
Automation and artificial intelligence.

Its facilities use
cutting-edge growth technology via artificial intelligence (AI) and
the internet of things (IoT) to harness the fullest genetic potential
of the product while minimizing resources and costs.

3) Fertigation and
nutrients

. Channeling its technological advantage, AgriFORCE uses
lower feed applications for higher yields that simultaneously reduce
environmental impact.

4) Micropropagation and genetics

. Using IP, as well as
tissue culture developments, the company uses asexual propagation to
produce healthy and robust plants.

AgriFORCE has

strengthened
its commitment

to these pillars through its recent closed and
pending acquisitions. The European agricultural technology (agtech)
consultancy company

Delphy
is expected to soon join AgriFORCE,

bringing its expertise in
innovation and solutions in the agricultural and
controlled-environment sectors. Expanding the company’s global
reach, the pending Delphy acquisition will continue AgriFORCE’s
solutions development through “top-tier R&D capabilities, a more
diverse product pipeline, increased IP development capabilities and a
broader footprint,” said AgriFORCE CEO Ingo Mueller.

The company also
announced

acquiring

food processing and development IP from MNG. This includes
patent-pending technologies to increase natural grain healthiness,
amplifying AgriFORCE’s commitment to providing nutrient-dense,
low-impact foods. Mueller commented on the Manna IP acquisition,
“This acquisition is aligned with our broader strategy of leveraging
our IP to meet the growing demand for healthy, delicious and
nutritious foods.”

Another company AgriFORCE has publicly announced a Binding
Letter of Intent is leading tissue-culture and young plants

company
Deroose

Plants. This commitment strengthens the company’s
position in core markets and provides it with fresh abilities to
increase its micropropagation and genetics portfolio.

These closed (Manna) and
pending (Delphy and Deroose) acquisitions represent a reinforcement of
AgriFORCE’s position in the agtech market and complement each of its
mission-driven pillars. Other companies working in the agtech space
include

FMC Corp.

(NYSE: FMC) and

Tyson Foods Inc.

(NYSE: TSN).

The
company is excited for 2023 as it proceeds to launch its (UN)THINK
food brand of high-protein, high-fiber, low-carb grains. Anticipation
of closing of announced acquisitions, paired with future M&A in
next-gen proteins, the company continues its vertical integration
journey to achieve status as agtech 2.0. AgriFORCE is focussed and
excited for further developments for 2023!

Learn more about AgriFORCE by visiting its

website

.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an
agtech company focused on building an integrated agtech platform that
combines the best technology, intellectual property and knowledge to
solve an urgent problem – providing the best solutions to help drive
sustainable crops and nutritious food for people around the world.
Looking to serve the global market, the Company’s current focus is
on North America, Europe and Asia. The AgriFORCE vision is to be a
leader in delivering plant-based foods and products through an
advanced and sustainable agtech platform that makes positive change in
the world—from seed to table.

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