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Announced

Completed

Magnum Industrial-backed Agronova completed the acquisition of a minority stake in Mundo Ecológico.

Financials

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

Sources

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Single Bidder

agriculture

Farming Fishing Ranching and Plantations

Friendly

Spain

Domestic

Majority

Private

Completed

Acquisition

Synopsis

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Magnum Industrial-backed Agronova, a developer of a unique and patented technology for converting organic waste into high-nutrient fertiliser, completed the acquisition of a minority stake in Mundo Ecológico, a manufacturer of biostimulants intended for organic farming. Financial terms were not disclosed.

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