The London-based investment fund ADM Capital Europe has acquired a controlling majority stake in Olivos Naturales (Innoliva) in Spain, one of Europe’s largest extra virgin olive oil producers.

The purchase is made through ADM Capital Europe’s Cibus Fund, a vehicle that “aims to take advantage of the significant investment opportunities arising from global demographic changes, adoption of improved diets and the inability of many of the world’s fastest growing economies to meet increasing regional demand for certain high-value foods”.

With the US having to import 95% of the olive oil it consumes, at a time when demand for it is growing in line with healthy eating, there is a clear opportunity to create value, notes Rob Appleby, co-founder and joint chief investment officer, ADM Capital Group.

 “We are delighted to announce the Cibus Fund’s acquisition of Innoliva,” he continues. “The company’s pioneering olive oil production technologies have positioned it as one of the world’s most sustainable and lowest-cost producers of consistently high quality extra virgin olive oil. Our investment underlines our commitment to investing in industry leaders who place innovation and sustainability at the heart of their business, and whose goal is to help solve global food supply and demand imbalance.”