Cibus snaps up cell-grown tree producer Alba Trees

• Alba Trees is based in East Lothian, Scotland
• Cibus to team up with other portfolio companies within the Cibus portfolio
• Cibus Capital, investment adviser to Cibus funds, is a sustainable food and agriculture firm 

Cibus Fund II has acquired Alba Trees, a UK-based firm in the production and supply of cell-grown plants for sustainable forestry, native woodland and hedgerows.

Alba Trees is based in East Lothian, Scotland.

Cibus will leverage synergies with other portfolio companies within the Cibus portfolio, according to a release.

“Cibus invests in companies which prioritise decarbonisation, promote sustainable forestry, woodland creation and biodiversity,” said Rob Appleby, founder, and CIO at Cibus Capital. “Alba Trees is an industry leader in this sector, providing farmers and landowners with the tools to achieve superior commercial returns and climate resilience.”

Cibus Capital is the investment advisor to Cibus Funds.

Buccleuch, a rural business group, was the majority shareholder in Alba Trees during the last 15 years.

Cibus Capital is a sustainable food and agriculture firm based in London. The firm raised more than $1 billion as of 1 January. It advises on growth and buyout investments in mid-market food production and processing businesses and late-stage venture agrifood tech companies disrupting the food value chain in Europe, US and other OECD countries.