Adecoagro completed the acquisition of a 50% stake in Profertil from Nutrien for $600m.

Adecoagro and Asociacion de Cooperativas Argentinas Coop completed the acquisition of a 50% stake in Profertil, an Argentina-based nitrogen producer, from Nutrien, a global provider of crop inputs and services, for $600m. "As we have consistently stated, Adecoagro combines high-quality, low-cost production assets with a strong and experienced management team. This acquisition accelerates the Company's growth trajectory and reinforces its ability to deploy capital in a disciplined and high-return manner," Juan Sartori, Adecoagro Head of Special Projects.