GBS Finance acts as the financial advisor to Ecosac, the second largest grape exporter in Peru, in its recent strategic alliance with the Spanish investment group Atitlan. This collaboration marks a significant milestone in Ecosac’s global agro-market expansion.
Deal Details
Atitlan has acquired a majority stake in Ecosac through a capital increase. This investment will bolster Ecosac’s balance sheet and facilitate an ambitious expansion plan, including the cultivation of an additional 2,500 hectares of agricultural land.
Economic Impact
Ecosac is a cornerstone of the Peruvian economy, employing thousands of permanent and also seasonal workers during the harvest season. Atitlan’s investment will not only solidify Ecosac’s local market position but also enhance its presence in over 40 countries, including key markets in Asia, the U.S., and Latin America.
About Ecosac
Ecosac is a leading player in the Peruvian agro-sector, with a robust track record in the production and export of grapes, peppers, and citrus fruits. With over 2,500 hectares already in production and an additional 2,500 hectares in reserve, Ecosac has established itself as a key global agricultural products player.
About Atitlan
Founded by Roberto Centeno and Aritza Rodero, Atitlan is a Spanish investment conglomerate with a long-term investment strategy, diversification, and international expansion, managing companies and assets valued at approximately 1 billion euros over two decades.
About GBS Finance
Founded in 1991, GBS Finance is an independent investment bank leading in financial and strategic advisory with extensive experience in complex corporate transactions. Our mission is to provide tailor-made solutions that drive growth and value for our clients.