Nazca buys Agromillora

The fresh capital will fuel the international development of the company primarily in the Mediterranean area, the US and the Middle East. The commercialisation of new products will also be a focus following the transaction.

Company
Founded in 1986 and based in Barcelona, Agromillora is a supplier of advanced plant propagation for the agricultural industry.

In 2012, the firm achieved sales of €28m, a 15% increase on 2011 figures. The firm has a presence in Spain, the US, Chile, Tunisia, Turkey, Morocco, Argentina, Brazil, Australia and Jordan. Agromillora employs around 500 members of staff and generates around 60% of its turnover outside of Spain.

People
Carlos Carbó, Álvaro Mariátegui and Miguel Canalejo are founding partners at Nazca. 

Advisers
Equity – Clifford Chance (Legal); KPMG (Financial due diligence).
Company – Deloitte (Corporate finance); Fornesa (Legal).

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