Arbor Vita8 Acquires Mobile Hemp Drying Company
July 28, 2021
Arbor Vita8, a seed-to-sale hemp processor based in Phenix City, Alabama, has acquired Mobile Hemp Drying Company, a Florida-based builder, lessor and distributor of mobile hemp dryers, and formed a new subsidiary, Arbor Vita8 Dry, LLC (AV8D). The acquisition expands Arbor Vita8's on-farm drying capabilities, enabling mobile drying services across the Southeast and planned national rollout to reduce crop loss and speed post-harvest processing for hemp farmers.
- Buyers
- Arbor Vita8
- Targets
- Mobile Hemp Drying Company
- Industry
- Agriculture
- Location
- Florida, United States
- Transaction Type
- Buyout
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