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New Deal


Announced

Solum Partners to acquire Greentastic from Magnum Industrial Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Private Equity

agricultural products

Friendly

Private

Cross Border

Pending

Farming Fishing Ranching and Plantations

Spain

Majority

food sector

Acquisition

Synopsis

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Solum Partners, a company that invests in real assets within the agriculture and food production industry, agreed to acquire Greentastic, a farming company, from Magnum Industrial Partners, a mid-market private equity firm. Financial terms were not disclosed. With this purchase, Solum Partners, which already has interests in avocado plantations, apple, olives, blueberries and soybeans, will make its first investment in Europe.

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