Banco BPM provides financing to Atena for high-density olive grove expansion

Banco BPM S.p.A. has provided a financing facility to Atena Società Agricola a r.l. to support the development of high-density olive grove plantations. Atena is a prominent Italian player in the high-density olive and olive oil production sector and is a portfolio company of IDeA Agro. Managed by DeA Capital Alternative Funds SGR, IDeA Agro is Italy’s first private equity fund dedicated exclusively to agribusiness investments and agricultural development projects.

Atena was advised on the legal, tax, and contractual aspects of the transaction by Pirola Pennuto Zei & Associati. The multidisciplinary team was coordinated by partner Gabriele Arcuri and associate partner Antonio Modola, alongside senior associate Marta Terziani and associate Giorgia Bevilacqua.

Banco BPM S.p.A. was assisted by VGN Studio Legale in the preparation of the financial documentation for the operation. The firm’s team was led by partner Andrea Vignozzi and associate Valeria Pennino.