CubicFarms latest news: Germany expansion

CubicFarms latest news: Germany expansion

Discover the latest news from CubicFarms (TSX: CUB), a modular vertical farm based in Vancouver, Canada:

CubicFarms and HydroGreen Expand into International Markets Through Partnership with Seehof Agrar GmBH (2023/08/26)

CubicFarm® Systems Corp. has entered into a Manufacturer’s Representative Agreement with its subsidiary HydroGreen Inc. and Germany-based Seehof Agrar GmBH. Led by dairy industry veteran Jürgen Bustorf, Seehof Agrar will promote and sell HydroGreen’s livestock feed equipment in Europe, the Middle East, and select countries in the Asia Pacific. The partnership aims to capitalize on growing interest from potential customers in these regions and is part of CubicFarms and HydroGreen’s strategy to target subsidized markets.

John de Jonge, President of HydroGreen, highlighted the significant opportunities in international markets for advancing the adoption of sprouted grain as a beneficial feed ingredient for ruminant livestock. Seehof Agrar, with its extensive experience in the European dairy industry, is considered a strategic partner to help HydroGreen expand internationally. The agreement comes as HydroGreen also focuses on domestic strategies, including establishing regional feed hub facilities in the United States.

The collaboration is expected to broadly impact the livestock feed industry, making sustainable and efficient feed solutions more accessible worldwide. It also aligns with HydroGreen’s efforts to secure funding opportunities in markets where government-subsidized programs can assist farmers and ranchers. The partnership is seen as a step forward in enhancing global food security and reducing the environmental footprint of agricultural production.

HydroGreen Signs Deal with Bar None Dairy for Sprouted-Grain Feed Production (2023/08/21)

CubicFarm® Systems Corp., a prominent local chain agricultural technology firm, recently made headlines with its announcement regarding HydroGreen Inc., its ruminant livestock feed subsidiary. HydroGreen has entered into a Memorandum of Terms with Bar None Dairy, a renowned dairy farm situated in Helm, California, under the ownership and management of Pier Van Der Hoek. The agreement entails Van Der Hoek’s commitment to procure 6 tons of sprouted-grain feed daily from HydroGreen’s upcoming second phase facility in Riverdale, California.

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Image provided by Cubicfarms 

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