Agrihold Sells 700-Hectare Plantation to Global Investor
Deal News | Feb 12, 2025 | Iberian Lawyer
The international sale of a 700-hectare agricultural plantation in Portugal's Alentejo region has been completed with legal and financial advisory support from leading firms PLMJ, Garrigues, Baker McKenzie, and KPMG. The Spanish Agrihold Group was the seller, while the buyer remains undisclosed. Iberian firm Bolschare Agricultura will manage the properties and maintain the existing workforce, ensuring project continuity. Key figures in the transaction include Garrigues' Susana Pimenta de Sousa and Pedro Lemos Carvalho, PLMJ's Teresa Madeira Afonso and Duarte Schmidt Lino, and Laura Pons from Baker McKenzie.
Sectors
- Agriculture
- Legal Advisory
- Financial Advisory
Geography
- Portugal – The location of the agricultural land in the Alentejo region, making it central to the transaction.
- Spain – Agrihold Group, the selling company, is based in Spain.
Industry
- Agriculture – Involves the sale and management of agricultural land, relevant due to the transaction of a 700-hectare plantation.
- Legal Advisory – Pertains to legal guidance and services provided by PLMJ, Garrigues, and Baker McKenzie in the transaction.
- Financial Advisory – KPMG’s role in providing financial advisory services for the transaction.
Financials
- – The financial details of the transaction were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Agrihold Group | Selling Company | Company | Spanish group that owned the agricultural land. |
| Bolschare Agricultura | Manager of Properties | Company | Iberian firm leasing and managing the land post-sale. |
| PLMJ | Legal Advisor to Buyer | Company | Provided legal services to the buyer as part of the transaction. |
| Garrigues | Legal Advisor to Seller | Company | Provided legal advisory services to the selling company. |
| Baker McKenzie | Legal Advisor to Buyer | Company | One of the legal advisors to the buyer in the transaction. |
| KPMG | Financial Advisor | Company | Financial advisory firm involved in the transaction. |
| Susana Pimenta de Sousa | Lead Advisor at Garrigues | Person | Partner at Garrigues leading the operation for Agrihold Group. |
| Teresa Madeira Afonso | Co-Head of Real Estate at PLMJ | Person | Led the transaction on behalf of PLMJ for the buyer. |
| Laura Pons | Partner at Baker McKenzie | Person | Part of the legal team advising the buyer. |