KALERA PLC ANNOUNCES COMPLETING THE SEPARATION OF INTERNATIONAL ASSETS ACCELERATING TRANSFORMATION

Provided By Globe Newswire

Last update: Jan 30, 2023

Orlando, Fla, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, announced today that in the course of the court-supervised process in Germany over Kalera GmbH, the Kalera International business has been acquired by Growy Holdings BV (“Growy”), a Netherlands based indoor farming company. The sale includes the headquarters in Germany, the farm in Kuwait and the farm under construction in Singapore. Kalera had announced on October 18, 2022, of its intention to divest its international business.