Northern Swan Holdings, Inc. and Eagle Canada Holdings d/b/a/Clever Leaves (Clever Leaves) announced a definitive agreement to fully integrate their respective operations. The combined company will operate as Clever Leaves and will own 100% of Clever Leaves as well as Northern Swan’s assets in Canada, Germany, Portugal, and the United States, subject to the completion of certain events. Financial terms of the transaction were not disclosed. Northern Swan CEO, Kyle Detwiler, will serve as CEO of the combined company, and Clever Leaves’ CEO, Andrés Fajardo, will serve as the company’s President. Mr. Fajardo will also immediately be appointed to the Board of Directors of the company. At the next shareholders’ meeting, it is expected that the newly combined company will increase the size of its Board of Directors and nominate a slate of directors for consideration by shareholders consisting of Mr. Detwiler, Mr. Fajardo, Mr. Del Wright, Chief Strategy Officer and Chief of Staff of Northern Swan, Mr. Joe Salameh, Managing Director and Head of Europe of Northern Swan, and Mr. Julián Wilches, Chief Regulatory Officer of Clever Leaves.