- The Iberian sustainable agricultural asset management company is partnering with the Climate Asset Management fund for the acquisition of 1,900 hectares in Spain and Portugal.
- Bolschare is strengthening its project by integrating the entire workforce of the division, as well as the management of 14 properties producing almonds, walnuts and pistachios in the regions of Badajoz, Granada (Spain) and Alentejo (Portugal).
- More than 10% of the land will be dedicated exclusively to promoting biodiversity.
april 26th, 2024 Bolschare Agriculture, an Iberian company dedicated to the management of agricultural assets and with a central presence in the Eurocity Badajoz-Elvas-Campo Maior, will take over the agricultural division of Borges Agricultural & Industrial Nuts (BAIN), integrate the entire staff of the division into its structure and add to its portfolio of operations the management of 1,900 hectares of crops in Iberia and 14 properties producing almonds, walnuts and pistachios in the regions of Badajoz, Granada and Alentejo (Portugal).
To carry out the operation, the agricultural asset management company belonging to the Bolschare Group has partnered with the sustainable fund Climate Asset Management, a highly reputable and solvent international investor dedicated to natural capital, which will finance the acquisition of 100% of BAIN’s agricultural branch, and a partner with which it already has a relationship of trust for the development of medium and long-term projects in Spain and Portugal.
Bolschare Agriculture and Climate Asset Management share a mission to develop and deliver medium to long-term investment and management solutions that accelerate the transition to a zero net emissions and climate resilient future. It is an international benchmark company in sustainable agriculture and a driving investor in environmental protection.
Bolschare Agriculture CEO Pedro Foles said of the deal: ‘Our raison d’être is based on turning key sectors such as agriculture into drivers of change, making profitability and responsibility go hand in hand to generate a positive impact on society that inspires and protects people. And this operation consolidates that path.
‘We are excited to drive agriculture in Spain and Portugal, and to do so hand in hand with Climate Asset Management, by participating in this large-scale diversified project that will have a positive impact on our portfolio and help our two companies grow together towards a net profit as well as a zero carbon future,’ he added.
Climate Asset Management natural capital strategy investment director Ben O’Donnell said: ‘We are excited about the opportunity to increase crop diversification within the portfolio with the introduction of pistachios and walnuts. We should be able to see the difference that introducing regenerative practices makes compared to historical farm performance. It is clear that there is a growing appetite among institutional investors for opportunities in natural capital to rebalance positive, net-zero nature-oriented investment portfolios.”
Bolschare Agriculture
Bolschare Agriculture is a company with extensive experience in the integrated management of agricultural assets and has more than 20,000 hectares of land under implementation and development, being responsible for the entire production process of olive and almond trees, mainly, exploiting other nuts such as hazelnuts, pistachios, walnuts and avocado. It also studies a portfolio of land for purchase or lease and provides land development and management services to external landowners.
The company stands out for its comprehensive approach to innovation and the application of technology to promote more responsible and respectful agricultural practices. Such as the technology used in the precise monitoring of water use, which has resulted in annual savings of more than one million cubic metres, or the implementation of satellite tracking techniques for crops.
Bolschare’s commitment to the environment and the community has made Bolschare an international benchmark in the implementation of ESG practices. Its dedication to sustainability and people has established it as an international benchmark in the field.
