Livingstone Advises Ridder and Its Shareholders on Strategic Partnership with Navus CEA Enterprises
Livingstone is pleased to announce that the firm’s Benelux team acted as exclusive sell-side advisor in the strategic partnership between Ridder and Navus CEA Enterprises (Navus). By welcoming Navus as a co-shareholder, Ridder will solidify its position as a global innovator in the controlled environment agriculture (CEA) sector by further investing in its business lines while leveraging the expertise, insights, and network that Navus provides.
Ridder, a family-owned company established in 1953, is a leading Dutch manufacturer and supplier of high-tech solutions for the global CEA sector. Its broad portfolio of innovative solutions includes drive systems, climate screens, and digital and productivity solutions such as climate computers. By offering these solutions, Ridder helps growers in over 100 countries to optimize production processes, improve crop quality, and increase yields.
Navus CEA Enterprises, a spin-off of Navus Ventures, is a family-funded investment company associated with Lely, a global leader in the production and supply of machinery for the dairy sector. Navus has a proven track record in the CEA sector and will join Ridder as a new shareholder, alongside the company’s existing shareholders.
“This is an exciting development for Ridder,” said Pascal Piepers, CEO of Ridder. “We remain true to who we are, while being empowered to fully focus on what we do best. Together, we will accelerate and deepen our efforts to achieve our shared vision and strengthen Ridder’s position as a global innovator in CEA.”
For more information, please refer to the press release.
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- "This is an exciting development for Ridder. We remain true to who we are, while being empowered to fully focus on what we do best. Together, we will accelerate and deepen our efforts to achieve our shared vision and strengthen Ridder’s position as a global innovator in CEA."Pascal Piepers, CEO, Ridder
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