Adecoagro S.A. Acquires Profertil, Strengthening Leadership in Sustainable Agriculture

Adecoagro Strengthens Market Position with Profertil Acquisition

On December 15, 2025, Adecoagro S.A. announces a significant strategic move by acquiring the remaining 50% stake in Profertil S.A., solidifying its position as a leader in sustainable agricultural production in South America. Profertil stands as the largest producer of granular urea in the region, and this acquisition enhances Adecoagro's operational scale and market influence. Following the recent acquisition of Nutrien's share, Adecoagro now holds 90% equity in Profertil, while Asociación de Cooperativas Argentinas (ACA) retains the remaining 10%. This strategic partnership not only consolidates Adecoagro's stake but also signals a robust commitment to expanding its production capabilities in a crucial agricultural sector.

The financial implications of this acquisition are noteworthy, with Adecoagro investing approximately $1.1 billion to gain full control over Profertil. The company partially funds this acquisition through a successful $300 million equity issuance, which garners strong interest from global investors. Notably, Tether Investments S.A. de C.V., Adecoagro's controlling shareholder, contributes a substantial $220 million to this initiative. CEO Mariano Bosch describes the acquisition as a transformative milestone, suggesting that it positions the company to generate over $2 billion in sales and nearly double its Adjusted EBITDA. This financial maneuver underlines the confidence investors have in Adecoagro’s long-term vision and its commitment to sustainable agricultural practices.

In the wake of this acquisition, Adecoagro is poised for significant growth, leveraging Argentina's unique advantages in urea production. The company aims to enhance its production capabilities while focusing on sustainability initiatives, as emphasized by Executive Chairman Juan Sartori. The acquisition not only strengthens Adecoagro's market presence but also aligns with its commitment to supporting sustainable agricultural development in the region. This strategic move positions Adecoagro favorably for future market cycles, allowing the company to capitalize on the growing demand for sustainable agricultural inputs.

In addition to the acquisition, Adecoagro's recent equity issuance reflects a strong interest from global investors, showcasing confidence in the company’s growth trajectory. The backing from Tether Investments reaffirms the commitment of Adecoagro's leadership to enhance the company's operational footprint and financial performance. With this acquisition, Adecoagro not only secures a leading position in the granular urea market but also reinforces its role in advancing sustainable agricultural practices in South America.