IDeA Agro, a private equity fund dedicated to investments in agricultural businesses, managed by DeA Capital Alternative Funds Sgr, has signed a binding agreement with Ingino that involve an investment in the company through a capital increase up to a maximum of €8.5.

For IDeA Agro fund, this is the fifth investment, after the investments in the supply chains of hazelnuts, walnuts, organic table grapes and high quality intensive olive groves.

Ingino, based in Atripalda (Avellino), is active in the production, freezing, storage and wholesale marketing of chestnuts and other fruit-based semi-finished products; in 2019 Revenues were around €33.4m.

Vitale acted as buy side financial advisor of IDeA Agro.