PSB Produccin Vegetal Acquired by Cibus Fund in Major Stake Deal
Deal News | May 12, 2025 | Iberian Lawyer
Cibus Fund, an investment powerhouse in sustainable agriculture, has acquired a majority stake in PSB Produccin Vegetal, a leader in patented fruit genetics. Uría Menéndez, a distinguished law firm, facilitated the transaction with a team led by Guillermo del Rí, Carlos Durán, Daniel Cerrutti, Luis Núñez-Lagos Torralba, and Miguel Recio Arcauz. PSB, founded in 1989 and based in Murcia, Spain, is recognized for its innovative fruit breeding techniques, notably integrating molecular marker technologies. The acquisition by Cibus Fund II is set to amplify PSB's global innovation efforts in breeding climate-resilient and flavour-rich fruit varieties, backed by strategic advisors Dr. David Buckeridge and Garth Swinburn. This partnership fortifies the role of cutting-edge breeding technologies in addressing modern agricultural challenges, specifically food security and sustainability.
Sectors
- Agriculture & Food Technology
- Private Equity & Investment
Geography
- Spain – PSB Producción Vegetal is based in Murcia, Spain, indicating the geographical location of the target company involved in the transaction.
- Global – The transaction has implications beyond Spain as Cibus Fund aims to enhance PSB's global growth and innovation pipeline in agriculture.
Industry
- Agriculture & Food Technology – The acquisition involves PSB Producción Vegetal, a leader in fruit genetics and breeding, highlighting advancements in agricultural technology and sustainable food production.
- Private Equity & Investment – Cibus Fund, a private equity firm specializing in sustainable agriculture, is the buyer, indicating advancements in strategic investments in the agricultural sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PSB Producción Vegetal | Target Company | Company | A leader in patented fruit genetics and stone fruit breeding located in Murcia, Spain. |
| Cibus Fund | Bidding Company | Company | An investment fund specializing in sustainable agriculture and food acquiring a majority stake in PSB. |
| Uría Menéndez | Legal Advisor | Company | Law firm advising Cibus Fund on its acquisition of the majority stake in PSB Producción Vegetal. |
| Guillermo del Río | Partner, M&A Private Equity | Person | Part of the legal team at Uría Menéndez advising on the transaction. |
| Carlos Durán | Partner, Tax | Person | Part of the legal advisory team at Uría Menéndez for the transaction. |
| Daniel Cerrutti | Partner, Employment | Person | Part of the legal advisory team at Uría Menéndez for the transaction. |
| Luis Núñez-Lagos Torralba | Senior Associate, M&A Private Equity | Person | Involved in the legal advising team at Uría Menéndez for the acquisition. |
| Miguel Recio Arcauz | Associate, M&A Private Equity | Person | Member of the legal team at Uría Menéndez involved in the transaction. |
| Dr. David Buckeridge | Strategic Advisor | Person | Former CEO of Advanta supporting PSB following the acquisition. |
| Garth Swinburn | Strategic Advisor | Person | Former senior executive at Sun World assisting PSB post-acquisition. |