Munich / Orlando (USA) — Dechert advised &ever GmbH, a global leader in indoor farming, on its sale to Kalera AS, a Norwegian-listed, technology-driven vertical farming provider based in Orlando, Florida, for a total consideration of €130 million, in cash and paper based on &ever’s enterprise value.
&ever is headquartered in Germany with offices in the Middle East, Asia and Europe. The acquisition is expected to make Kalera a global leader in vertical farming, accelerate international growth and expand its product line. &ever GmbH is renamed Kalera GmbH.
Consultant &ever: Dechert
Giovanni Russo, Partner (Head), supported by National Partners Carina Klaes-Staudt and Dr. Karl von Rumohr as well as Associates Florian Leitsbach, Christian Böhme and Sonja Feser.
About Dechert
Dechert is a leading international law firm with 22 offices worldwide. In Germany, we have offices in Munich and Frankfurt. Focusing on particularly complex areas of business life with high regulatory requirements, we combine advice of the highest legal quality with practical and economically sensible solutions.