Edible Garden, a privately-owned US producer of organic fresh herbs and lettuce, plans to purchase a second facility after securing new listings with retailers Walmart and Meijer.
The company, which cultivates a full range of herbs and lettuce grown in greenhouses using hydroponic technology, said it has signed a letter of intent to acquire the site in Piqua, Ohio. It did not reveal the purchase price or the seller in a statement.
Go deeper with GlobalData
The family-run business was founded in 1973 as a garden centre before taking its current form in 1997, when it purchased Edible Garden’s existing farm operation in Belvidere, New Jersey. It now grows potted and cut herbs such as basil, bay leaf and thyme, as well as lettuce, all free-from pesticides and herbicides.
CEO Jim Kras said: "This acquisition aligns our facility with recent distribution wins at retailers including Meijer and Walmart, allowing us to supply fresh produce throughout the Midwest. This agreement is a great opportunity to build on our mission of Zero-Waste Inspired farming, food safety, traceability, and the reduction of food miles."
Edible Garden's Piqua site will employ the company's sustainability software GreenThumb, which will increase cultivation capacity, it said.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAs well as the new listings in Walmart and Meijer, the herbs and lettuce are available in US retailers Kroger, Target, Wakefern/ShopRite, Hannaford, Sweetgreen, Weis and Hmar.
