UGFS North Africa and ATD Sicar Announce Successful Sale of Agriland Investment Funds to French Investor Group
UGFS North Africa and ATD Sicar, shareholders of the Agriland group, have announced the successful sale of their investment funds to a French investor group. This alliance began in 2014 when Agriland was a rapidly growing startup. This exit currently represents one of the most significant transactions of the year in the market.
Initially, the promising startup saw its potential recognized by several funds managed by UGFS-NA. This financing, as well as that provided by ATD Sicar, was crucial for the company's development, eventually attracting the attention of international investment firm SPE Capital Europe. The French investor group took over in the second quarter of 2024, further strengthening Agriland's position as a major player in the biotechnology sector.
The biotechnology company has experienced remarkable growth, driven by its promoters who express their gratitude towards the investors and partners who contributed to this success.
UGFS-NA and ATD Sicar celebrate a significant milestone in their investment journey, demonstrating their strategic vision and commitment to innovation in the biotechnology sector.
