Agronova, a Magnum Industrial Partners portfolio company, has acquired a stake in Mundeco

ARCANO has acted as exclusive financial advisor to Magnum Industrial Partners and its portfolio company Agronova Biotech, on the acquisition of a stake in Mundeco.


This transaction will allow Agronova Biotech strengthens its leadership position in the sector and gains exposure to the production of biostimulants from the cultivation of microalgae



Magnum Industrial Partners is one of the leading private equity funds in Spain and Portugal. It invests in companies positioned in the middle-toupper middle market and, with 17 exits since 2007, it is one of the most active investors in the Iberian market.

Agronova Biotech, a portfolio company of Magnum Industrial Partners and operating under the brand name Probelte, among others, is a leading company in ecological solutions for agriculture with a growth plan focused on high-value-added biological products.

Mundeco, founded 10 years ago, is one of the national benchmarks in the cultivation of microalgae for the production of bio-stimulants suitable for organic agriculture Since its foundation, Mundeco has experienced sustained growth by developing new high-value-added products and making significant investments in R&D.