Devesa advises Nax Agtech on Majority Stake Acquisition by Seaya Andrómeda
Devesa has advised Nax Agtech, a precision agriculture platform, in Seaya Andrómeda’s acquisition of a 55% majority stake in the company. The founding team will retain the remaining shares and continue leading the business.
Founded in 2019, Nax Agtech operates in 17 countries across Europe and Latin America. With the backing of Seaya Andrómeda, the largest growth equity fund in Southern Europe, the company aims to become the world’s most advanced decision-making agriculture platform.
The investment will drive Nax’s international expansion, particularly in Latin America, with a strategic focus on Brazil. The additional funding will help strengthen its market position, enhance service quality, and expand local teams.
Devesa’s advisory team was led by Corporate and M&A Partner Juan Antonio Botella, Tax Partner José María García Guirao, and associates María Roldán, Isabel Cano, and Carmen Girón.