Leading tech company invests in Mucci Farms

Added on 06 June 2022

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Leading tech company invests in Mucci Farms

Cox Enterprises has announced a significant strategic investment in Mucci Farms, a 60-year industry leader with a network of thousands of acres of indoor-grown fruits and vegetables. As a long-term operator and investor, Cox is uniquely positioned and committed to partnering with Mucci Farms to scale and meet growing consumer demand. This strategic partnership is the next phase in Cox building a multibillion-dollar controlled environment agriculture (CEA) business and establishing Cox as one of the leading providers of sustainable produce across North America.

The transaction builds on Cox's more than $1 billion investment in sustainable technologies since 2007. Mucci Farms expands Cox's CEA business through a greater variety of sustainably grown produce and enhanced geographic reach.

"Mucci Farms combines its multigenerational farming expertise and technological innovations to grow high-quality, great tasting produce," says Steve Bradley, Vice President of Cleantech at Cox Enterprises. "It's the perfect complement to our expanding footprint in sustainable agriculture, and we look forward to working together with the Mucci Farms team to transform the industry."

Headquartered in Ontario, Canada, Mucci Farms supplies fresh produce to major retailers across Canada and the U.S. The company has greenhouses in both countries with a dedicated team of more than 2,000 employees. With annual investments in world class technology, Mucci Farms places a high emphasis on automation and robotics to improve efficiencies from seed to retail.

Mucci Farms is committed to sustainability and innovation through every aspect of its operations. This includes award-winning sustainable packaging, an aggressive water recycling program, integrated pest management, and the largest grow light program in the Canadian CEA industry.