80 Acres Farms and Soli Organic Merge to Form Indoor Farming Network

HAMILTON, Ohio - 80 Acres Farms and Soli Organic announced a merger to form an indoor farming network. The newly formed company, with projected first-year revenues approaching $200 million, will operate under the 80 Acres Farms name and be headquartered in Hamilton, Ohio.

"Vertical farming is entering the next phase of business maturity, and it's about execution, efficiency and results," said Mike Zelkind, co-founder of 80 Acres Farms and CEO of the combined company. "This merger unites two top operators that, together, have the scale, economics and teams to deliver the results that the industry has been waiting for. Both companies have spent decades developing enhanced technology, improving operations and building winning brands. Our value proposition is clear: fresher, better-tasting produce that's pesticide- and heavy metal-free, locally grown, climate-resilient and built for shelf life."

"This merger is a win for forward-thinking retailers and the customers they serve," said Walter Robb, former co-CEO of Whole Foods Market, current co-chairman of Soli Organic and a board member of the combined company. "Retailers today want differentiated products, surety of supply and a compelling story. Given recent trade volatility, indoor agriculture is playing an increasingly important role for retailers. The combined company checks all the boxes: great product quality, increased product portfolio, supply chain resilience and enhanced customer choice through both vertical farming and field-grown organic products."

The merger combines 80 Acres Farms' GroLoop platform, an integrated system of hardware, software and environmental controls designed for precision, automation and scalability across the farm network, with Soli Organic's retail footprint and agronomic expertise, developed over more than 35 years of commercial production.