Adecoagro S.A. Acquires 50% of Profertil, Boosting Urea Production Leadership

Adecoagro Strengthens Position in Urea Production with Profertil Acquisition

Adecoagro S.A. solidifies its market leadership in sustainable agricultural production with the recent acquisition of the remaining 50% stake in Profertil S.A., the largest granular urea producer in South America. On December 15, 2025, the company announces that it has successfully acquired this stake, following Nutrien's sale of its 50% interest just days earlier. This strategic move results in Adecoagro holding a commanding 90% equity in Profertil, with the Asociación de Cooperativas Argentinas (ACA) retaining a 10% share. The acquisition, valued at approximately $1.1 billion, underscores Adecoagro's commitment to expanding its operational scale and enhancing its production capabilities within a key segment of the agricultural market.

The acquisition is financed in part through a recent equity issuance that raised $300 million, demonstrating strong investor confidence in Adecoagro’s growth strategy. The issuance involved the sale of over 41 million common shares at $7.25 each, with significant backing from Tether Investments S.A. de C.V., Adecoagro's controlling shareholder. This infusion of capital not only supports the acquisition but also positions the company to leverage Profertil's production capacity and distribution network to drive sales, projected to exceed $2 billion. CEO Mariano Bosch emphasizes that this move marks a transformative milestone, as it nearly doubles Adecoagro's Adjusted EBITDA, thereby enhancing its financial performance and operational efficiency.

The integration of Profertil into Adecoagro's portfolio is expected to yield substantial benefits, particularly in leveraging Argentina's favorable conditions for urea production. With the agricultural sector increasingly focused on sustainability, Adecoagro's enhanced capabilities in urea production align with global trends toward environmentally responsible farming practices. Executive Chairman Juan Sartori reiterates the firm's commitment to sustainability and growth, highlighting the strategic significance of remaining publicly listed in order to attract further investment. Overall, this acquisition not only strengthens Adecoagro’s market position but also reinforces its commitment to sustainable agricultural practices in the region.

In addition to the acquisition, Adecoagro's focus on sustainability continues to resonate with investors as the company navigates through changing market dynamics. With a robust operational framework and a clear vision for the future, Adecoagro is poised to capitalize on the growing demand for sustainable agricultural inputs. The company’s recent strategic developments reflect a broader trend in the industry, where consolidation and innovation play crucial roles in meeting the challenges of global food production and environmental sustainability.

As Adecoagro integrates Profertil into its operations, stakeholders remain optimistic about the company’s potential to enhance food security while maintaining ecological integrity, thereby reinforcing its standing as a leader in the sustainable agriculture sector.