Agriculture Buyout Acquisitions in 2026

Hoffmann Family of Companies (HF Companies), a family-owned investment firm, has acquired a majority interest in Smith Gardens, a fourth-generation greenhouse grower headquartered in Bellingham, Washington. The deal (which includes Smith Gardens' Pacific Plug & Liner propagation division) keeps Eric and Mark Smith in leadership with partial ownership and expands Hoffmann's agricultural vertical into the Pacific Northwest.

Canadian ag tech company Elevate Farms Inc. has acquired Cornwall-based vertical producer Fieldless Farms, making Fieldless a 100% wholly owned subsidiary. The deal positions Elevate to scale controlled-environment agriculture production and further develop CEA systems in collaboration with Fieldless’ team and research partners.

Kiwa ASI, the St. Louis–based food safety inspection and certification arm of Kiwa, has acquired TSLC, a Canada-based certification body specializing in CanadaGAP audits for the fruit and vegetable sector. The deal expands Kiwa ASI’s footprint in Canada and strengthens its capabilities in agricultural food safety certification while TSLC clients will continue to receive services from their existing audit teams.