Mediterrania Capital Partners and BIC Capital join forces to acquire a majority stake in Técnicas Sanjorge, a leader in the agribusiness sector

17-10-2023; Barcelona. Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is pleased to announce that, together with the Italian investment club BIC Capital, it has taken a majority stake in Técnicas Sanjorge (TSJ), a company specialised in the provision of services and development of clean, sustainable and environmentally efficient agricultural solutions.

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 high 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 born 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. In this line, TSJ has developed a service offering that consists of “becoming a supplier of products, services and solutions that brings together and covers all the needs of its customers and makes their lives easier by avoiding them having to go to different suppliers”, according to the company.

Through the use of efficient technologies and cultivation methods in controlled environments, the company offers an alternative to the traditional cultivation system that presents several advantages such as the use of renewable energies in the field, greater production capacity, resource savings, reduction of chemical products and polluting emissions, in addition to raising quality standards in the industry and providing consumers with access to its products throughout the year, regardless of weather conditions, among other benefits.

According to Daniel Viñas, partner at Mediterrania Capital Partners, “TSJ has developed a unique cross-cutting business model that is key to the future development of sustainable agriculture and the food industry. This new investment also consolidates Mediterrania Capital’s firm commitment to impact investments and to those companies that transform current business models for the sake of greater sustainability and efficiency to address the current major challenges related to the environment, to which Mediterrania Capital is strongly committed”.

In addition to the financial support, Mediterrania Capital will advise and accompany the founding partners of TSJ in the achievement of the objectives set and will make available to them the knowledge, experience and international network of the fund manager. “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.