Sorainen Estonia has advised The Climate Corporation, a subsidiary of Monsanto, in its acquisition of VitalFields, a European farm management software company based in Estonia. The VitalFields team will join The Climate Corporation, strengthening the company’s efforts to deliver digital technologies to farmers around the world.
Says Mike Stern, chief executive officer of The Climate Corporation, “VitalFields has built a successful business spanning multiple European countries, and we see how their digital tools will complement our Climate FieldView platform offerings in the future. This acquisition marks Climate’s first step into the European market, and we’re looking forward to working with VitalFields to grow and enhance their current tools to help farmers maximize their return on every hectare.”
The Sorainen transaction team was led by Co-Managing Partner Toomas Prangli and included Senior Associate Piret Lappert and Associates Kai Vainola and Hali Sokk.
Sorainen did not reply to our inquiry about the identity of the sellers or their counsel.
