Company News

Virgin Group SPAC To Take Grove Collaborative Public in $1.5 Billion Merger Deal

Sustainable home and personal care leader and certified B Corp will continue to be led by Co-Founder Stuart Landesberg.

Author Image

By: Christine Esposito

Editor-in-Chief

Fast-growing sustainable products company Grove Collaborative and Virgin Group Acquisition Corp. II (VGII), a publicly-traded special purpose acquisition company sponsored by Virgin Group, have entered into a definitive agreement that will result in Grove becoming a public company.    Upon closing of the transaction, the combined company operate under the Grove name and will be listed on the NYSE under the new “GROV” ticker symbol.    Stuart Landesberg, co-founder and CEO of Grove Collaborat...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters