Land Betterment acquires 50 per cent ownership in Ontario greenhouse operations
JC Fresh Farms and Orangeline Farms both offer products throughout North America within some of the largest retailers.
January 30, 2023 By Land Betterment
Land Betterment has successfully acquired 50 per cent ownership in two operational greenhouse companies, JC Fresh Farms (JC Fresh) and Orangeline Farms (Orangeline).
Canada boasts one of the most robust greenhouse produce sectors in the world. Ontario alone has one of the highest concentrations of greenhouse facilities and ag-tech professional talent. This region consists of over 200 greenhouse farms growing a variety of produce on over 3,000 acres. These high-tech growing methods can yield up to 20 times more product per acre and utilize less water and less input than traditional farming methods. Every year, Ontario greenhouse farms grow in excess of 520,000 tons of produce and are leading the world in resilient and sustainable vegetable production.
“Our goal is to provide the absolute best-in-class produce through efficient operations with the least impact to our environment as possible. This is accomplished by our world-class progressive team, which ensures a positive employee experience and the collaboration of key thought partners,” says Matt Tatomir, Co-President of Betterment Harvest and Founder of JC Fresh and Orangeline. “We couldn’t be more excited to partner with Land Betterment and the team to expand our business not only in Canada but also throughout the United States.”
“The partnership with Matt and his team provides the leadership and talent pool needed as we plan to expand on our existing sites, as well as expansion within South Western Ontario, Canada, Missouri, Indiana, Ohio, Kentucky and beyond,” says Kirk Taylor, President and CFO of Land Betterment.
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