On the back of growing importance of food security and food traceability, AMC
Capital IV S.C.Sp., advised by Accession Capital Partners (ACP), has realized an
early partial exit of its investment in data-driven agribusiness Spearhead. The
divestment of the firm’s Czech and Slovak operations to strategic investor JTZE
group (J&T Zem?d?lství a Ekologie) takes place just one year after ACP acquired
the company. The transaction provides a strong return for investors, and ACP
retains a stake in Spearhead’s Polish, Romanian and UK businesses.
Spearhead is one of the leading vertically integrated food and agriculture
businesses operating in Europe. The company managed 83,000 hectares of
farmland across Poland, the Czech Republic, Slovakia, Romania and the UK, where
the company started more than 50 years ago. It is a clear European leader in
regenerative agriculture, harnessing valuable data it collects through its
application of the state-of-the-art technologies for precision farming. Spearhead
specializes in valued-added specialty crops catering to the most demanding food
processing businesses in Europe.
Przemys?aw G??bocki, Managing Partner at ACP, said: “We have always seen
Spearhead being at the core of food traceability and security which have been
gaining in importance in Europe and globally. We are happy that our vision has
been shared by the new investor in our Czech and Slovak business. We know the
prospects for these two markets are bright and may be further enhanced in the
hands of JTZE, creating an early exit for us.”
Tomasz Zdziebkowski, CEO of Spearhead Group, said: “I am pleased to see that
our Czech and Slovak companies are back in the hands of domestic owners, with
JTZE a strong local investor who will ensure further development of the business.
Spearhead continues to operate in the European markets of Poland, Romania and
the UK and we will continue to work with the Czech and Slovak businesses in
terms of know-how and technology as well as client relationships and the highest
food quality standards. I have been delighted to work with the local teams and I
look forward to continuing our relationship.”
