SPAIN – Caixa Catalunya & Polan invest in Innoliva
Caixa Catalunya, (through Invercartera) and Polan, the family office of the Del Pino family, have invested in olive oil producer Innoliva.
According to reports, the company’s business plan projects a EUR 260m investment through 2013 in olive plantations, irrigation systems and planting. The project aims to transform 10,300 hectares (mostly situated in Portugal) and forecasts a turnover of EUR 100m by 2015.
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