Sustainable Food & AgTech Market Update – January 2020

Sustainable Food & AgTech Market Update Newsletter - January 2020

Greentech Capital Advisors’ Sustainable Food & AgTech Monthly Market Update summarizes key announcements, M&A, and capital raising activity related to sustainable agriculture, while providing detailed trading metrics on public companies across the sector.

Key Takeaways:

  • Nestlé’s decision to invest up to $2.1bn to develop innovative recyclable packaging solutions is indicative of large consumer goods companies increasingly looking to reduce their products’ carbon footprint
  • The $161mm capital raise by Memphis Meats is representative of the growing demand towards sustainable and health-conscious protein alternatives
  • Toro Company announced it would acquire Venture Products for $167.5mm at a 1.7x EV / Revenue multiple, demonstrating the attractiveness of companies within the food and agriculture value chain