Adecoagro and Asociacion de Cooperativas Argentinas Coop to acquire a 50% stake in Profertil from Nutrien for $600m.

Adecoagro and Asociacion de Cooperativas Argentinas Coop agreed to acquire a 50% stake in Profertil, an Argentina-based nitrogen producer, from Nutrien, a global provider of crop inputs and services, for $600m. The transaction is subject to customary closing conditions and is expected to be completed before the end of 2025. Under the Profertil shareholder agreement, the remaining 50% equity owner holds a 90-day right of first refusal to purchase Nutrien’s equity on the same terms and conditions.