Mitsui & Co. invests in ZERO
the signing day
Zero, an Italian company specializing in the development and implementation of advanced technologies for cultivation in controlled environments and vertical farming, has secured an investment round underwritten by Mitsui & Co, the global giant in trade and consumer goods listed on the Stock Exchange of Tokyo and active, among others, in the agri-food sector
The transaction was concluded by executing the investment agreement signed on February 10, through the subscription and release by Mitsui of a reserved capital increase and the signing of shareholders' agreements relating to the governance of Zero.
The new resources brought by Mitsui will now allow ZERO to continue its strategy of technological development and international growth, with a focus also on commercial expansion and on the development of special projects such as the one underway in the Middle East.
Mitsui Group is one of the largest keiretsu in Japan and one of the largest corporate groups in the world.