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|| Dubai investors of Enspire acquired stake in Swedish firm Plantagon

sweden dubaiDubai investment firm Enspire Group acquired stake in Swedish firm Plantagon Agritechture.

Plantagon International is an "agri-techture" firm, combining urban agriculture, technical solutions and architecture, to meet the demand for efficient food production within cities. Enspire is founded by Soud Ba'alawy who has over 20 years of experience in banking and investments and was most recently the Executive Chairman of Dubai Group. (Earlier, Mr. Ba’alawy was Vice President of Citibank’s Gulf Treasury in Dubai, CIO of Dubai Internet City and Vice President of The Executive Office - of H.H. Sheikh Mohamed bin Rashid al-Maktoum, Vice President of the UAE and the Ruler of Dubai).

Enspire Group is listed in the Middle East Investors Directory with the code SNO14.

More details follows:

Stockholm based Plantagon Agritechture AB and Dubai based Enspire Ltd. have decided to partner up. Plantagon, a world-leading pioneer within urban agriculture, spearheads infrastructural food systems integrating energy, water and waste management.

Plantagon Agritechture AB is combining urban agriculture, innovative technical solutions and architecture - to meet global food security. Main owner of Plantagon Agritechture AB is the Stockholm based innovation company Plantagon International AB. Now Enspire Ltd. joins as a new strategic owner of Plantagon Agritechture AB.

"We know of more than 45 cities around the world that are concretely planning for how to integrate urban food production into their infrastructure. We came on the market early, and when we now have reached the phase of global commercialization, we are happy to have an experienced financial partner as Enspire on board," says Owe Pettersson, CEO of Plantagon Agritechture AB.

Soud Ba'alawy, the Founder and Chairman of Enspire Ltd. has long experience in financial and infrastructural projects, for corporations as well as cities and nations and sees global food security and sustainable food production as a critical challenge for the future.

"We call it the 'imperative FEW'; every city requires Food, Energy and Water to provide a sustainable living for its citizens. In our work to provide governments with the economic architecture that enables long-term, sustainable growth, Plantagon will play the important role of providing solutions for food security and sustainable food production, and creating symbiotic systems within the cities," says Soud Ba'alawy.

"Plantagon will continue to develop new innovations within food, energy and water. All infrastructural development demands massive investments, and to be able to motivate the financial sector to participate in a really serious way we are expanding our knowledge and international network on this arena," says Hans Hassle, co-founder of Plantagon and Chairman of Plantagon Agritechture.

Plantagon's landmark project The World Food Building in Linköping, Sweden, is attracting global attention and is seen by many as leading the development of large scale and sustainable food production in cities. The building was recently awarded The International Architecture Awards 2016 by The Chicago Athenaeum Museum of Architecture and Design and The European Centre for Architecture Art Design and Urban Studies. Plantagon has also been recognized by Red Herring Top 100 Global as being one the 100 most innovative companies in the world.

The Board of Plantagon Agritechture AB consists of Sten Lundqvist, Michele di Dato, Soud Ba'alawy and Lamia Boukhris. Hans Hassle is Chairman of the Board.

Enspire work with governments to preserve and develop their assets. We collaborate with world leaders and bring together public and private enterprise to create the economic architecture that enables long-term, sustainable growth. Revelation, Collaboration and Transformation.

Plantagon International is a world-leading pioneer within the field agritechture - combining urban agriculture, innovative technical solutions and architecture - to meet the demand for efficient food production within cities. We see global food security and sustainable food production as the most critical areas for the future of our planet. Plantagon's objective is to meet the rising demand for locally grown food in cities around the world, and minimize the use of transportation, land, energy and water. Our solutions add value to real estate properties, and enhance the quality of life in cities. (c) companies press release



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