Cleango to buy 49% of AgritechBC for remediation tech

Executive Summary

• Cleango Innovations Inc. has executed a definitive stock purchase agreement to acquire a 49% equity stake in AgritechBC Solutions Inc., formalizing a previously announced Letter of Intent from October 2025.
• The transaction provides Cleango with access to AgritechBC's proprietary, nature-based environmental remediation technologies designed for landfill waste management and contaminated site restoration.
• Cleango intends to leverage this strategic stake to penetrate the rapidly expanding global environmental remediation and sustainable waste management markets, which are projected to exceed $210 billion by 2030.

Key Details

• Transaction Structure: Definitive stock purchase agreement for a 49% equity stake in AgritechBC Solutions Inc.
• Agreement Date: March 27, 2026
• Preceding Milestone: Letter of Intent (LOI) originally announced on October 21, 2025
• Target Intellectual Property: Exclusive suite of organic, scientifically validated technologies including MycoSet, BioIngress, and PhytoCentra
• Technology Application: Natural mechanisms for managing landfill waste and remediating contaminated industrial sites and oil leases without introducing synthetic toxins
• Market Opportunity (Environmental Remediation): Global market valued at approximately $113.6 billion in 2024, projected to reach $210.56 billion by 2030
• Market Opportunity (Waste Management): Landfill optimization segment represents an additional $1.5 trillion opportunity as municipalities transition toward sustainable, organic diversion and treatment strategies
• Strategic Rationale: Combines Cleango's green solutions and capital markets expertise with AgritechBC's proprietary IP to scale high-impact commercialization projects that prioritize ecological integrity and global expansion

Notable Quotes

• Anthony Sarvucci, CEO, Cleango Innovations: "This acquisition is about more than just equity; it is about bringing a truly organic solution to a world that currently utilizes chemical shortcuts. The technology behind MycoSet is scientifically solid and naturally proven to handle the toughest remediation and landfill challenges."
• Adam Sexsmith, Director, AgritechBC Solutions Inc.: "Partnering with Cleango provides the strategic engine necessary to take our scientific breakthroughs from the lab to the global stage. Our technology is rooted in nature, and with Cleango's global reach and financial capability, we can now scale these organic remediation solutions to address environmental crises on a worldwide scale. This agreement ensures that our IP is utilized strictly for high-impact commercialization projects that prioritize ecological integrity."