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New Deal


Announced

Nutrien to acquire Tec Agro Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Specialty Chemicals

Acquisition

Friendly

Brazil

Majority

Single Bidder

Cross Border

Private

agrochemicals

Pending

Synopsis

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Nutrien, a Canadian mineral fertilizer producer, agreed to acquire Tec Agro Group, a agrochemicals retailer. Financial terms were not disclosed. Closing of the transaction is subject to approval by the Administrative Council for Economic Defense and the satisfaction of other customary closing conditions. “This acquisition fits with our strategy to bring whole farm solutions to our Brazilian customers. Our products and services portfolio, combined with our digital tools, are helping us create new value for Brazilian farmers. We are excited to continue our path of growth and further increase our presence in the country,” André Dias, Nutrien Vice President and Managing Director.

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