CMS advises DENSO on acquisition of FoodVentures

CMS has advised DENSO CORPORATION in its acquisition of a partial equity stake in FoodVentures B.V. Through this capital partnership, DENSO and FoodVentures will strengthen their collaboration to globally deploy the One-Stop Solution, which enables stable and predictable agricultural production through an integrated approach. 

In recent years, changes in social conditions—such as the progression of climate change, a declining farming population in some areas, and growing importance of food security—have accelerated efforts around the world to secure agricultural production and improve food self-sufficiency. As a result, new entrants into the agricultural sector are emerging, and there is a growing global demand to realize sustainably local-grown agricultural production. 

Since 2017, DENSO has positioned agriculture as a new pillar of its business and, in 2022, further strengthened this commitment by incorporating it into its articles of incorporation. Leveraging technologies developed through automotive component manufacturing—including production process design, sensing, and image processing—DENSO has been advancing environmental control and automation technologies for greenhouse horticulture. 

FoodVentures, newly joining the DENSO Group, has worked for more than 10 years to provide solutions that combine cultivation technologies with operational support, with a view to grow vegetables closer to its consumers. In recent years, FoodVentures has offered one-stop proposals to new entrants, covering everything from business planning to cultivation, farm operations, and crop sales, and has also provided services that undertake actual farm operations. 

FoodVentures has extensive expertise, and a proven track record built through supporting greenhouse horticulture operators in many countries across all climates.

The CMS team comprised Pieter van Duijvenvoorde, Carola de Bruijn, Iris Zeilstra, Elisabeth von Meijenfeldt, Anne-Fleur Krijthe and Ymke van Loon.