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following minority stake

Denso acquires remainder of Certhon's shares

Denso has signed a definitive agreement to acquire Certhon. Earlier in 2020, Denso took a minority stake in the family-owned company. Now the next step is being taken, and the Japanese robot manufacturer will acquire all of Certhon's shares.

With the acquisition, further steps will be taken to get closer to the answers surrounding world food-related issues, which fully fits the strategy of both companies. By combining the knowledge and expertise that Denso has in automation with the advanced horticultural techniques and cultivation knowledge of Certhon, a rock-solid collaboration has been created to realize high-quality horticultural projects worldwide and within which a new generation of horticultural solutions is being developed.

"Denso has an international network and a strong reputation for developing cutting-edge technology, and we look forward to further shaping the ground-breaking collaboration," said Lotte van Rijn, General Director of Certhon. "Denso's investment ensures that we can maintain continuity for our employees, customers, and suppliers, also in the future. It provides opportunities that are essential for a company like Certhon, which always wants to push the boundaries of quality and innovation."

Hidehiro Yokoo, Senior Executive Officer in charge of the Food Value Chain Business Development Division at Denso, said, "Through the complete acquisition of Certhon, we will accelerate our efforts to solve global food and agricultural challenges. We firmly believe that Certhon is a unique partner with shared values and complementary technologies, and together we will continue to grow. Denso will continue to collaborate with Certhon to provide solutions that deliver food safety and security anytime, anywhere, and to anyone, forever."

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