MADRID, 5 Oct. (EUROPA PRESS) –
Azora has taken a 33% stake in ISFA, a management company for efficient and sustainable agricultural investment projects, through a capital increase that guarantees the company’s growth plan, as reported by the firm.
This investment is part of Azora’s strategy in the search for opportunities in key sectors and opens a new avenue of investment in companies that contribute to the decarbonisation of real assets and the mitigation of climate change.
Specifically, ISFA is a Spanish company, based in Vitoria, whose objective is the development of high-density almond farms under the SES (Sustainable Efficient System) cultivation system.
ISFA’s strategic plan consists of developing 10,000 hectares of almond trees in the Iberian Peninsula following the strictest sustainability criteria, with an expected gross operating result (Ebitda) for this year of eight million euros.
“With the acquisition of this important stake in ISFA, we inaugurate an investment area in companies that promote decarbonization. At Azora we feel that the fight against climate change is a responsibility that we must all prioritize as a society, which is why we made this strategic commitment. We are convinced that this sector is key and will have great development in the coming years”, highlighted Concha Osácar, founding partner of Azora.
ISFA celebrates the incorporation of Azora, a leading company committed to decarbonisation and climate change mitigation, as a strategic partner to accelerate its growth plan, with the aim of becoming the leading European almond producer with a model based on sustainability. and a firm commitment to the digitization of agricultural processes”, underlined, for his part, Asier Ugaldea, founding partner of ISFA.
