Agrify Corp. (AGFY) Acquires Precision Extraction Solutions and Cascade Sciences
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Agrify Acquires Precision Extraction Solutions and Cascade Sciences, Two of the Leading Cannabis and Hemp Extraction, Post-Processing, and Testing Equipment and Services Companies
October 4, 2021 4:30 PM EDTAcquisition Expands Agrifys Offerings into the Flourishing Post-Harvest Segment of the Supply Chain, Positioning the Company as the Most Vertically Integrated Total Solutions Provider for its Customers
Transaction is Expected to Generate Approximately $40 million in Additional Revenue in 2021 and Provide Significant Future Growth Opportunities
Acquisition is Projected to Nearly Double Agrifys 2021 Revenue and is Immediately Accretive with Positive Gross Margins and EBITDA Contribution
Management Hosting a Conference Call on October 5 at 8:30a.m. Eastern Time
BILLERICA, Mass., Oct. 04, 2021 (GLOBE NEWSWIRE) --... More
