Brokking Holding BV acquires majority stake in Agtech company AppsforAgri BV.

Brokking Holding BV has a strong focus on encouraging the growth and development of businesses that advance the agricultural sector. The acquisition of the majority stake in AppsforAgri BV is a crucial step in that direction.

The partnership between Brokking Holding and AppsforAgri will advance the growth and development of iCrop and SmartFarm in many ways. Brokking Holding will use its expertise, financial resources and extensive network to further develop the iCrop and SmartFarm brands and capture new markets worldwide. The partnership with Brokking Holding also offers synergy benefits and improved customer service.

"We are very pleased to announce the acquisition of the majority stake in AppsforAgri, the company behind the iCrop and SmartFarm brand names," said Jeroen Rossy, CEO of Brokking Holding. "With iCrop and SmartFarm's innovative technologies and advanced solutions, AppsforAgri has proven to be at the forefront of the digital transformation of the agriculture industry. We are committed to working with the talented team at AppsforAgri to achieve further growth and success."

Corné Braber, CEO of AppsforAgri adds: "Partnering with Brokking Holding as majority shareholder gives us the opportunity to realize our ambitions and take the iCrop and SmartFarm brands to new heights. We are confident that this partnership will result in new opportunities and benefits for all our stakeholders."

With the acquisition of the majority stake in AppsforAgri, Brokking Holding reaffirms its commitment to the advancement and sustainability of the agricultural sector. Together, the two companies will continue to pursue innovation and advancement in agricultural technologies, with the ultimate goal of improving food production and making the agriculture industry more sustainable.

The family business Brokking has been active in the agricultural sector for over 120 years and with its companies Triferto, FeedValid and Dekker Grains and Fertilizers active in North West Europe.