Alba Trees is a UK market leader in the production and supply of cell-grown plants for sustainable forestry, native woodland and hedgerows. Cibus and Alba Trees will expand existing production while focusing on best-in-class agronomy and precision technology to prioritise plant health, product quality and resource efficiency. As a specialist in agtech and controlled environment agriculture, Cibus will leverage synergies with other portfolio companies within the existing Cibus portfolio. A core focus for Cibus is environmental sustainability and ensuring it is addressed at every level of the supply chain. This aim is shared with Alba and will be at the centre of the company’s future growth plans, aligning with the UK Government’s ambitions to plant nearly a million hectares of new woodland in order to reach net-zero greenhouse gas emissions by 2050
Rob Appleby, Founder and CIO at Cibus Capital LLP, investment adviser to the Cibus funds, said: “Our partnership with Alba Trees brings an exciting addition to the Cibus portfolio. Cibus invests in companies which prioritise decarbonisation, promote sustainable forestry, woodland creation and biodiversity. Alba Trees is an industry leader in this sector, providing farmers and landowners with the tools to achieve superior commercial returns and climate resilience.”
Read the full statement here.
