Wise Equity’s portfolio company Greenexta, which is based in Italy, has signed a binding agreement to acquire 100% of Italian company Alba Milagro International S.p.A.

This acquisition represents the second strategic investment for Wise Equity through Greenexta, which previously acquired biocontrol specialist Serbios in May 2024.

Founded in 1988, Alba Milagro is a producer of biostimulants and specialty fertilizers. The company generated €22 million in turnover in 2024 and serves customers across more than 50 countries worldwide.

“Alba Milagro’s positioning aligns perfectly with our strategic vision for Greenexta,” said Michele Semenzato, Senior Partner at Wise Equity. “This transaction establishes solid foundations for Greenexta’s future growth while preserving the individual identity and expertise of Alba Milagro.”

Wise Equity currently manages three funds with a combined commitment of €875 million, including Wisequity VI launched in May 2023 with €400 million, which is backing the Greenexta initiative.

The transaction was supported by advisors including Simmons & Simmons (legal), Studio Spada Partners (financial and tax), and ERM (ESG).