The crux..12 May 2022 09:27
This is the crux...
TRAF is to build their long planned HYDROPONICS vertical Farming Division.
Wait for next announcement, it is back on plan.
Word of the week “re-invigorate”
11 May 2022
Dr Challinor together with Gary Thorneycroft, Trafalgar's CFO, were co-founders of Jones Food Company (JFC), which owned and operated, at the time, one of the largest vertical farms in Europe. A majority stake in JFC was subsequently sold to Ocado in 2019.
Check it out
https://www.jonesfoodcompany.co.uk
The world's largest vertical farm with 148,000sqft of growing space and over 1,000 tonnes of annual growing capacity, equivalent in size to 26 tennis courts.
Commenting on the appointment of Dr Challinor, Paul Treadaway, Managing Director of Trafalgar said:
"We view Paul's appointment as the key step in the development of Trafalgar's long-planned hydroponic division as he is a UK pioneer in this high growth market.
The Board believes Paul's appointment which has been in negotiation for some time, will help Trafalgar to re-invigorate its hydroponics strategy. Paul's experience and expertise together with that of Gary Thorneycroft, will greatly assist Trafalgar in realising its aspirations to design, fit out, build and where appropriate even operate hydroponic assets."