Cornerstone Investment Management signed an agreement to acquire Lutèce B.V., from Greenyard NV (ENXTBR:GREEN) on June 14, 2021. Cornerstone Investment Management was supported by Kartesia, a European specialist financing provider. The closing of the transaction is expected to occur during the summer of 2021.

The divestment is not expected to have a material effect on Greenyard NV's financial results and it further supports the reduction of Greenyard NV's leverage ratio position as previously announced. Hans Pronk and Maarten Donlou of Coöperatieve Rabobank U.A. acted as exclusive financial advisors to Greenyard NV.