Announced
Financials
Tags
Single Bidder
Majority
Cross Border
Acquisition
young trees
marketing of genetic and sanitary plantlets
production
Biotechnology
Spain
Private
Pending
Friendly
Synopsis
Edify, an investment holding company, agreed to acquire a 98% stake in Agromillora, an operator of a plant nursery, from Investcorp, a global manager of alternative investment products. Financial terms were not disclosed. “This investment corresponds fully to Edify’s investment strategy in innovative and tech-oriented agricultural segments. In partnership with the founders and management team, Edify wishes to support Agromillora’s growth in full-service solutions for arborists, with a particular focus on super high density systems, and on the development of a modern and sustainable agriculture worldwide through innovation, new genetics and technology," Wilfrid Le Naour and Oussama Takla, Edify Vice-Chairman of the Board and Investment Director.
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