Mast (DroneSeed) Acquires Cal Forest Nurseries and Siskiyou Seed
March 7, 2023
Mast, the newly-formed parent company of DroneSeed, has acquired California-based Cal Forest Nurseries and seed supplier Siskiyou Seed to vertically integrate its reforestation supply chain. The acquisitions secure seed and seedling supply to scale Mast's post-wildfire reforestation projects and expand its ability to generate high-quality carbon removal credits.
- Buyers
- Mast (parent company of DroneSeed), DroneSeed
- Targets
- Cal Forest Nurseries, Siskiyou Seed
- Sellers
- Tom Jopson (founder and former owner of Cal Forest Nurseries)
- Industry
- Environmental Services
- Location
- California, United States
- Transaction Type
- Buyout
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