DENSO Acquires Full Stake in Certhon Group, a Greenhouse Provider Based in the Netherlands | News | News | DENSO US/Canada Website
DENSO Acquires Full Stake in Certhon Group, a Greenhouse ... Denso
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KARIYA (Japan) – DENSO Corporation Acquires Certhon Group to Accelerate Global Expansion of Agricultural Production Business
DENSO Corporation has announced the acquisition of the full stake in Certhon Group, a Dutch horticultural facility operator. This acquisition aims to accelerate the global expansion of DENSO’s agricultural production business, with a strong emphasis on achieving the Sustainable Development Goals (SDGs).
Background
In recent years, climate change and a decrease in the number of people engaged in farming have resulted in unstable agricultural production. To address this issue, there is a need to develop a stable and sustainable agricultural production system. This can be achieved through the establishment of a climate-independent cultivation environment and the reduction of labor shortages and heavy workloads. DENSO and Certhon recognized these challenges and formed a capital alliance in March 2020. In May of the same year, they jointly established DENSO AgriTech Solutions, Inc., which sells horticultural facility products to Japan and other Asian countries. Since then, the two companies have been collaborating on the sales of agricultural greenhouses tailored to different regions of the world and have been jointly developing solutions to address future labor shortages.
Acquisition and Collaboration
With the acquisition of all shares of Certhon by DENSO, the two companies will further accelerate their efforts to solve global food challenges. Certhon, with a history of more than 125 years, is renowned for its world-class advanced technologies in horticulture. The company excels not only in developing solutions tailored to diverse customers but also in integrating multiple systems to make optimal proposals. As a member of the DENSO Group, Certhon aims to develop innovative farm models that will revolutionize agriculture and deploy solutions globally that meet regional characteristics and needs. This will be achieved by combining DENSO’s process design and automation technologies developed in the automotive field with Certhon’s cultivation technologies and horticultural system technologies.
Sustainable Development Goals (SDGs)
DENSO’s acquisition of Certhon aligns with the SDGs, particularly Goal 2: Zero Hunger, Goal 8: Decent Work and Economic Growth, and Goal 12: Responsible Consumption and Production. By developing a sustainable agricultural production system, DENSO aims to contribute to ending hunger, promoting economic growth, and ensuring responsible consumption and production practices in the food and agriculture sectors.
Future Outlook
DENSO will continue to work towards solving social issues in the agricultural and food sectors. The company strives to provide new value by establishing a food value chain business that encompasses production, distribution, and consumption. Through collaboration with Certhon, DENSO aims to deliver food safety and security, anytime and anywhere.
Hidehiro Yokoo, Senior Executive Officer in charge of the Food Value Chain Business Development Division at DENSO, stated, “Through the complete acquisition of Certhon, we will accelerate our efforts to solve global food and agricultural challenges. We firmly believe that Certhon is a unique partner with shared values and complementary technologies, and together we will continue to grow. DENSO will continue to collaborate with Certhon to provide solutions that deliver food safety and security, anytime, anywhere, and to anyone, forever.”
Lotte van Rijn, CEO of Certhon, expressed excitement about the collaboration, saying, “DENSO has an international network and a strong reputation for developing cutting-edge technology, and we look forward to further shaping this ground-breaking collaboration. DENSO’s investment ensures continuity for our employees, customers, and suppliers, also in the future. It provides opportunities that are essential for a company like Certhon, which always wants to push the boundaries of quality and innovation.”
SDGs, Targets, and Indicators
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SDG 2: Zero Hunger
- Target 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment.
- Indicator 2.3.1: Volume of production per labor unit by classes of farming/pastoral/forestry enterprise size.
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SDG 8: Decent Work and Economic Growth
- Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
- Indicator 8.5.1: Average hourly earnings of female and male employees, by occupation, age group, and persons with disabilities.
-
SDG 12: Responsible Consumption and Production
- Target 12.3: By 2030, halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses.
- Indicator 12.3.1: Food loss index.
Analysis
The article discusses DENSO Corporation’s acquisition of Certhon Group, a Dutch horticultural facility operator, to accelerate the global expansion of its agricultural production business. The issues highlighted in the article include climate change, decrease in the number of people taking up farming, unstable agricultural production, labor shortages, and heavy workload. Based on these issues, the following SDGs, targets, and indicators can be identified:
1. SDG 2: Zero Hunger
This SDG is directly connected to the issue of unstable agricultural production and the need for a sustainable agricultural production system. Target 2.3 aims to double the agricultural productivity and incomes of small-scale food producers, including through secure and equal access to resources and opportunities for value addition. The indicator 2.3.1, which measures the volume of production per labor unit, is relevant to track progress towards this target.
2. SDG 8: Decent Work and Economic Growth
This SDG is connected to the issue of labor shortages and heavy workload in the agricultural sector. Target 8.5 aims to achieve full and productive employment and decent work for all, including equal pay for work of equal value. The indicator 8.5.1, which measures average hourly earnings by occupation and demographic groups, can be used to measure progress towards this target.
3. SDG 12: Responsible Consumption and Production
This SDG is connected to the issue of food waste along production and supply chains. Target 12.3 aims to halve per capita global food waste and reduce food losses. The indicator 12.3.1, which measures the food loss index, can be used to measure progress towards this target.
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 2: Zero Hunger | Target 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment. | Indicator 2.3.1: Volume of production per labor unit by classes of farming/pastoral/forestry enterprise size. |
| SDG 8: Decent Work and Economic Growth | Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. | Indicator 8.5.1: Average hourly earnings of female and male employees, by occupation, age group, and persons with disabilities. |
| SDG 12: Responsible Consumption and Production | Target 12.3: By 2030, halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses. | Indicator 12.3.1: Food loss index. |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: denso.com
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