Announced

Completed

Adecoagro completed the acquisition of the remaining 50% stake in Profertil from YPF.

Synopsis

Adecoagro, a company specializing in the production and sale of high-quality agricultural products, completed the acquisition of the remaining 50% stake in Profertil, an Argentina-based nitrogen producer, from YPF, a vertically integrated oil and gas company engaged in exploration, production, refining and distribution. Financial terms were not disclosed. "This acquisition is a transformative milestone for Adecoagro. It greatly expands our scale, enhances our production capabilities, and further diversifies our portfolio, strengthening the Company's ability to perform across different market cycles. Profertil is uniquely positioned as a low-cost urea producer, leveraging the vast potential of Vaca Muerta to boost Argentina's competitive advantages and support sustainable, long-term growth," Mariano Bosch, Adecoagro Co-Founder and Chief Executive Officer.

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