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Deveron Signs LOI with Frontier Labs

  • Written by Newsfile
  • Acquisition would increase Deveron's soil lab capacity by 200,000 samples annually

  • Frontier Labs influences 320,000 acres annually through its soil lab and soil sampling services

  • Acquisition would add 2021 unaudited revenue of $2.1 M and EBITDA of $450,000

  • European Long Only Impact Fund, Coeli Circulus, to help finance the acquisition

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