ORLANDO, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) — Kalera Public Limited Company(Kalera or the Company) (Nasdaq: KAL), a vertical farming company headquartered inOrlando, Fla., today announced that the Company has decided to initiate the restructuring of its German subsidiary, Kalera GmbH (f/k/a &ever) through a court-supervised process.
Following Kalera PLCs announcement on October 18, 2022 of its intention to divest the assets of its international business, the Company began exploring strategic alternatives in close collaboration with financial advisors. Kalera GmbH has since received substantial interest from external investors. While no binding agreements to acquire or to invest in Kalera GmbH have been signed, the Co…
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