Edible Garden expands with acquisition after year of record sales
Coming off a 2020 characterized by national demand and record sales, Edible Garden has signed a letter of intent to purchase a facility in Piqua, OH.
"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," said Jim Kras, CEO of Edible Garden. "This acquisition aligns our facility with recent distribution wins at retailers including Meijer and Walmart, allowing us to supply fresh produce throughout the Midwest."
The new facility will increase Edible Garden's growing capacity with the introduction of the company's sustainability mandate, GreenThumb software technology and packaging innovation. The facility will go through an extensive renovation to accommodate Edible Garden's advanced processes and stringent food-safety protocols. The company expects this acquisition will bring dozens of indoor farming and horticultural jobs to the area.
The new facility is intended to accompany its flagship Greenhouse in Belvidere, NJ, and partner farms the company contracts nationwide through a cooperative franchise farming model.
Edible Garden produce includes USDA-Certified Organic Premium Fresh Cut Herbs, Hydro Fresh Basil, Organic four-inch Living Herbs, and Premium Organic Living & Cut Lettuces that are currently available at major retailers, including Meijer, Walmart, Kroger, Wakefern/ShopRite, Hannaford, Target, Sweetgreen, Weis, Hmart among many others.