Mediterrania to help Spanish agri solutions company grow its business in Africa
Private equity firm Mediterrania Capital Partners has announced that, together with the Italian investment club BIC Capital, it has taken a majority stake in Técnicas Sanjorge (TSJ), a Spanish agricultural solutions company.
The investment will enable TSJ to accelerate its development, as well as its international expansion, an area in which Mediterrania has extensive experience and where it can provide added value through its network of offices in Africa, a continent where the agricultural sector is experiencing strong growth. The objective is to offer the industry solutions with which to develop smarter and more sustainable agricultural practices in a sector where basic resources such as water and human capital are becoming increasingly scarce.
Founded in Huelva in 2000 by the Caamaño family, TSJ was started with the purpose of developing more efficient irrigation techniques for the field. Over the years, the company has expanded its portfolio of solutions with the development of efficient and low-cost greenhouse systems, as well as more efficient cultivation techniques such as hydroponics.
Through the use of efficient technologies and cultivation methods in controlled environments, the company offers an alternative to the traditional cultivation system. This new approach presents several advantages, including the use of renewable energies in the field, greater production capacity, resource savings, reduced chemical product usage, and fewer polluting emissions.
“The investment of the funds managed by Mediterrania allows us to take a further step in the development of TSJ and its experience in international development and in Africa providing us with a network and valuable contacts to accelerate our international expansion,” says Edesio Caamaño, CEO and co-founder of the company.
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