Profertil

Adecoagro is set to gain full control of Profertil, South America’s largest granular urea producer, after agreeing to acquire YPF’s remaining 50% stake. This strategic move, costing approximately $1.1 billion, will give Adecoagro a 90% equity stake in Profertil, bolstering its agricultural dominance and production capabilities. The acquisition was financed through cash reserves, a credit facility, and a $300 million equity issuance, demonstrating significant investor confidence. This deal positions Adecoagro for substantial growth, with projected sales exceeding $2 billion and a near doubling of Adjusted EBITDA.