Pymwymic and Horticoop, together with an undisclosed investor, have acquired a stake in digital crop diagnostics firmVivent. The investment aims to accelerate Vivent's expansion into new markets and enhance the profitability of growers through sustainable agricultural solutions.

Acquirer(s)Pymwymic, Horticoop (undisclosed investor)
TargetVivent S.A.
Deal ValueUndisclosed
Type of DealAcquisition
Closing DateSeptember 27, 2023
Advisors (Buy-side)Not disclosed
Advisors (Sell-side)Not disclosed
Legal Advisors (Buy-side)Not disclosed
Legal Advisors (Sell-side)Not disclosed

Deal Mechanics

The investment was made by Pymwymic, Horticoop, and an undisclosed investor in digital crop diagnostics company Vivent. The transaction closed on September 27, 2023.

Strategic Rationale

Pymwymic aims to boost Vivent’s market expansion efforts while fostering sustainable growth for farmers through advanced agricultural technology solutions.

Financial Context

The deal’s financial terms were not disclosed. Pymwymic, a provider of agrifood impact investing services, and Horticoop are partnering to leverage the potential of Vivent's digital crop diagnostics platform in expanding its market reach globally.

Outlook

Pymwymic and Horticoop anticipate significant opportunities for growth with Vivent, as the agricultural technology sector continues to innovate towards more sustainable practices.