Adecoagro Completes Profertil Acquisition, Expanding Scale and Diversifying Portfolio

Adecoagro has completed the acquisition of Profertil S.A., a leading urea producer in South America. The company will become the controlling shareholder of Profertil with a 90% stake, and will have paid approximately $1.1 billion for its stake. Adecoagro has financed the acquisition through a combination of existing cash balances, a long-term credit facility, and a recent $300 million equity issuance. The acquisition is seen as a transformative milestone for Adecoagro, expanding its scale and diversifying its portfolio.