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  6. Sim Agro Acquires 1606

M&A Deal Summary

Sim Agro Acquires 1606

On November 18, 2025, Sim Agro acquired information technology company 1606

Acquisition Highlights
  • This is Sim Agro’s 1st transaction in the Information Technology sector.
  • This is Sim Agro’s 1st transaction in the United States.
  • This is Sim Agro’s 1st transaction in Arizona.

M&A Deal Summary
Date 2025-11-18
Target 1606
Sector Information Technology
Buyer(s) Sim Agro
Deal Type Add-on Acquisition

Target

1606

Phoenix, Arizona, United States
1606 is focused on building chatbots for online retailers — especially in the CBD (cannabidiol) industry — to improve customer education, merchandising, and engagement. 1606 was founded in 2021 and is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Sim Agro

The Woodlands, Texas, United States
Category Company
Sector Renewable Energy
DESCRIPTION

Sim Agro is a privately held power-plant operations and energy-infrastructure company with extensive international experience in high-efficiency energy generation projects. Sim Agro is based in The Woodlands, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
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