Divestiture • Machinery

Affinor Growers Acquires Cobotix Manufacturing - Manufacturing Assets

On April 17, 2019, Affinor Growers acquired machinery company Cobotix Manufacturing - Manufacturing Assets from Cobotix Manufacturing

Acquisition Context
  • This is Affinor Growers’ 2nd transaction in the Machinery sector.
  • This is Affinor Growers’ 2nd transaction in Canada.
  • This is Affinor Growers’ 1st transaction in British Columbia.

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M&A Deal Summary

Date April 17, 2019
Target Cobotix Manufacturing - Manufacturing Assets
Sector Machinery
Buyer(s) Affinor Growers
Sellers(s) Cobotix Manufacturing
Deal Type Divestiture

Target Company

Cobotix Manufacturing - Manufacturing Assets

Port Coquitlam, British Columbia, Canada
Cobotix Manufacturing, Inc. - Manufacturing Assets engages in the manufacturer of the Company’s Patented Vertical Farming Technology.
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Buyer Overview 1

Buyer

Affinor Growers

Montreal, Quebec, Canada

Category Company
Founded 1996
Sector Machinery
DESCRIPTION

Affinor Growers, Inc. engages in growing high-quality crops such as romaine lettuce, spinach, strawberries, and high-quality medical Marijuana. Affinor is committed to becoming a pre-eminent grower, using exclusive vertical farming techniques.


Deal Context for Buyer #
Overall 2 of 2
Sector: Machinery 2 of 2
Type: Divestiture 2 of 2
State: British Columbia 1 of 1
Country: Canada 2 of 2
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-13 Vertical Designs Farming Technology

Canada

Vertical Designs Farming Technology is a patented provider of safe, high quality agricultural. Farming technology are Method and Apparatus for Automated Horticulture and Agriculture.

Buy -

Seller Profile 1

SELLER

Cobotix Manufacturing

Port Coquitlam, British Columbia, Canada

Category Company
Sector Manufacturing
DESCRIPTION

Cobotix Manufacturing, Inc. is a metal manufacturer. Cobotix Manufacturing, Inc. integrates robotic and personnel to meet customer’s requirements for the delivery time, quality, and design flexibility. Cobotix specializes in creating manufacturing cells for customers to give them a competitive edge in the market place.


Deal Context for Seller #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2019 1 of 1