
Sale of AGS Business to Klasmann-Deilmann
We are delighted to announce that Germany based Klasmann-Deilmann GmbH has signed an agreement to acquire Australian Growing Solutions Pty Ltd (“AGS”) on July 31st, 2021. Both companies have held a strong business relationship for many years, which resulted in the recent commissioning of Australia’s first GrowFibre™ production plant at Tyabb, using Klasmann-Deilmann’s proprietary technology. Klasmann-Deilmann is committed to an international and sustainable growth path in the