Agricola Cerro Prieto: Minority Sale

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Sale of minority stake in Agricola Cerro Prieto

In December 2015, Agricola Cerro Prieto S.A. (“ACP”) acquired 8.6% of its own common stock from Latam Peru Fund and Latam Growth Fund.

ACP is a Peruvian agribusiness established in 2000 and based in Chepen, La Libertad (North Peru) with USD 32 MM in revenues. It operates 4,000 hectares, of which 1,300 are currently in production of: avocados, blueberries, table grapes and asparagus.

EFIC Partners acted as financial advisor of both funds in the sale of its minority stakes in ACP.