Key Takeaways
- • Técnicas Sanjorge (TSJ), the lead company of the agri platform backed by Mediterrania Capital Partners (MCP), has completed the acquisition of 100% of AgroProtectors, a Barcelona-based maker of crop protection and support nets.
- • The deal marks the fifth acquisition in the platform MCP launched in July 2023 with its investment in TSJ.
- • The platform has unveiled Grovium, an umbrella brand uniting TSJ, Coflor, Requasur Levante (RQA) and AgroProtectors while each retains its trade name.
- • Africa accounts for 63% of the group's international sales, which have tripled on the continent since MCP's investment.
- • AgroProtectors sells to customers in 21 countries across four continents, according to the company's disclosure.
Summary
Técnicas Sanjorge (TSJ), the lead company of the agricultural products and services platform backed by Africa-focused private equity firm Mediterrania Capital Partners (MCP), has completed the acquisition of 100% of AgroProtectors, according to Africa Private Equity News. AgroProtectors specialises in turnkey solutions for the physical protection and support of crops in a sustainable manner. The transaction coincides with the launch of Grovium, a new group brand and identity that brings together the companies added since 2023.
Based in Barcelona, AgroProtectors markets nets and products for crop protection and support, including anti-bird, anti-insect and anti-hail nets for crops such as table grapes and berries; trellising and shade nets for fruit orchards and vineyards; individual tree guards for forestry and landscaping; and stakes and posts for organic farming. Over the past five years, the company has built a commercial network with customers in 21 countries across four continents.
The acquisition is the fifth in the platform MCP launched in July 2023 with its investment in TSJ, which was founded in Huelva in 2000 and manufactures greenhouses, hydroponic growing systems, irrigation and agricultural supplies. In 2024 the group added two companies producing agricultural substrates and coconut fibre, which operate under the Coflor brand, followed by Requasur Levante (RQA), which installs irrigation systems and water projects for agriculture and sells irrigation equipment.
The integration of TSJ, Coflor, RQA and AgroProtectors has created Grovium, an umbrella brand that allows each business to retain its existing trade name. Africa now accounts for 63% of the group's international sales, which have tripled on the continent since MCP's investment.
Daniel Viñas, senior partner at MCP, said that the firm saw the opportunity to build a group with the scale to compete and become an innovative and sustainable international leader. He noted that in three years the group had doubled in size and multiplied its presence abroad, especially in Africa, and said MCP believes the model is replicable for Spanish and Southern European SMEs that lead their niches.
Based in Barcelona, AgroProtectors markets nets and products for crop protection and support, including anti-bird, anti-insect and anti-hail nets for crops such as table grapes and berries; trellising and shade nets for fruit orchards and vineyards; individual tree guards for forestry and landscaping; and stakes and posts for organic farming. Over the past five years, the company has built a commercial network with customers in 21 countries across four continents.
The acquisition is the fifth in the platform MCP launched in July 2023 with its investment in TSJ, which was founded in Huelva in 2000 and manufactures greenhouses, hydroponic growing systems, irrigation and agricultural supplies. In 2024 the group added two companies producing agricultural substrates and coconut fibre, which operate under the Coflor brand, followed by Requasur Levante (RQA), which installs irrigation systems and water projects for agriculture and sells irrigation equipment.
The integration of TSJ, Coflor, RQA and AgroProtectors has created Grovium, an umbrella brand that allows each business to retain its existing trade name. Africa now accounts for 63% of the group's international sales, which have tripled on the continent since MCP's investment.
Daniel Viñas, senior partner at MCP, said that the firm saw the opportunity to build a group with the scale to compete and become an innovative and sustainable international leader. He noted that in three years the group had doubled in size and multiplied its presence abroad, especially in Africa, and said MCP believes the model is replicable for Spanish and Southern European SMEs that lead their niches.
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