The Bolschare Group, a leading European operator specialising in the management of agricultural, energy and medical assets, has strengthened its presence on the Iberian Peninsula by carrying out two new operations in partnership with asset manager Beka Finance. This has increased the area under its management by 2,750 hectares.
The most notable addition to the portfolio of Bolschare and Beka Finance under the agreement is the olive farm owned by Olive Masters. Olive Masters manages 303 hectares of super-intensive olive groves in the Alentejo region of Portugal. This brings the total area in the region to around 1,550 hectares. Additionally, the acquisition of Agroviñazo Talavera, which has around 277 hectares of crops, has helped consolidate an agricultural hub in the Talavera de la Reina area of Castilla-La Mancha, comprising almost 800 hectares of high-density olive and almond groves.
Through this operation, the Bolschare Group has emphasised its commitment to maintaining its leading position as an agricultural operator in the Iberian Peninsula, where it currently manages over 20,000 hectares of land for agricultural production and development. The company is responsible for the entire production process of olive and almond trees, as well as other nuts such as hazelnuts, pistachios, walnuts and avocados.
Pedro Foles, the CEO of Grupo Bolschare, has emphasised the importance of continuing the group’s commitment to growth and highlighted the strategic nature of its assets in Alentejo and Talavera.
Fernando de la Vega, the managing director of Beka Asset Management, emphasised the fund’s commitment to the project, highlighting the competitive strength that has emerged from the alliance.
The Beka & Bolschare Iberian Agribusiness Fund’s objective is to cultivate and manage olive, almond, avocado and hazelnut crops on both owned and leased land. Its sustainable, circular economy-based agronomic approach aims to generate attractive dividend yields and additional returns from asset revaluation.
Investing in these sustainable crops is not only a highly decoupled option from traditional markets, but also offers long-term visibility and countercyclicality, giving it a strategic advantage over more volatile assets. While these assets are somewhat less liquid than traditional investments, their risk-return profile compensates for this, making them a solid and attractive investment option.
BBIAF was the first agribusiness fund in Spain to obtain Article 9 status under the European Union’s Sustainable Finance Disclosure Regulation (SFDR). This status recognises that the fund is fully aligned with sustainability objectives and integrates environmental, social and governance (ESG) factors into its investment strategy.
