Cresco acted as lead counsel to Millibeter and its shareholders in the preparation, negotiation and closing of the strategic acquisition of Millibeter by AgriProtein.
Fly-farmer and insect technology pioneer AgriProtein will fund the construction of the first full-scale Millibeter factory in Belgium. Operating from the Open Manufacturing campus in Turnhout, Antwerp, insect nutrient recyclers Millibeter use the black soldier fly to convert EU-approved organic substrates, such as vegetable waste, into valuable products for the feed and pharmaceutical industries.
David Dessers led the Cresco team that advised Millibeter and its shareholders in this strategic acquisition.
More information on the transaction can be found here.
For any further information or questions, please contact David Dessers.