Ardabelle Capital, along with Sofiprotéol and Capagro, has acquired a majority stake in Plymag to accelerate its growth and enhance sustainability in the agrifood supply chain.

Information on the Target

Founded in 1978, Plymag is a premier producer of agricultural inputs based in Pego, Alicante, specializing in biostimulants, crop nutrition, and crop protection. Recognized as a European leader in biostimulants, the company harnesses proprietary seaweed-based technologies that facilitate a chemical-free extraction process. This unique approach has enabled Plymag to capture the largest market share for seaweed-based solutions in Spain. With a strong international presence, Plymag operates in over 30 countries, supported by subsidiaries in key agricultural markets such as Portugal, Chile, Colombia, and Peru.

Plymag's robust reputation is grounded in its patented natural extraction process, research and development capabilities, and a vertically integrated operational model encompassing everything from algae harvesting to distribution. Since 2010, the company has consistently demonstrated double-digit growth, offering high-quality products tailored to enhance soil health, efficiency of agricultural inputs, and climate resilience. The firm’s commitment to sustainability and agricultural innovation has positioned it favorably in the biological crop input space.

Industry Overview in Spain

The agrifood industry in Spain has been undergoing significant transformations aimed at enhancing sustainability and efficiency, coinciding with global trends towards ecological agriculture. Innovations in biostimulants and organic solutions have gained considerable tract