Baja Aqua-farms S.A. de C.V. announced that it has received funding from Continental Grain Company Corp., Organización Cultiba, S.A.B. de C.V., Equity Group Investments, Castle Harlan, Inc.
November 28, 2023
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Baja Aqua Farms SA de CV announced that it has raised in a round of funding on November 29, 2023. The transaction included participation from new investors, Continental Grain Company Corp., Organización Cultiba, S.A.B. de C.V., Equity Group Investments and Castle Harlan, Inc. As a part of transaction, Ignacio Sanz, Juan Ignacio Gallardo Thurlow, Rahul Sen and Patrick Zyla will join the board of directors of the company.
Organizacion Cultiba SAB de CV (Cultiba) is a Mexico-based holding company principally engaged, together with its subsidiaries, in the beverages industry. The Company has license from Pepsi-Co Inc to produce, distribute and sell mainly the Pepsi Cola, Manzanita Sol, Mirinda, Kas, Gatorade, Lipton, Be Light, Mountain Dew and Seven Up soft drink trademarks. The Company also produces and distributes bottled water under the Trisoda, Santorini and Junghanns brands, among others. In addition, the Company is involved in the production of cane sugar and molasses. The Company owns such subsidiaries as Geusa SA de Tala Electric SA de CV, Agroestevia SA de CV, Geupec Administracion SA de CV, Ingenio Rosales SA de CV and Embotelladora Valle de Oaxaca SA de CV, among others. On August 31, 2013, Cultiba incorporated Grupo Azucarero Mexico SA de CV (GAM) and Controladora de Negocios Azucareros SA de CV (CONASA).
Baja Aqua-farms S.A. de C.V. announced that it has received funding from Continental Grain Company Corp., Organización Cultiba, S.A.B. de C.V., Equity Group Investments, Castle Harlan, Inc.