Investing.com -- Adecoagro SA (NYSE:AGRO) stock rose 2.6% in after-hours trading Monday following the company’s announcement of a binding offer to acquire YPF’s 50% stake in Profertil S.A., South America’s largest granular urea producer.
The agricultural company submitted the offer under similar terms to those previously agreed with Nutrien, including a purchase price of approximately $600 million. If completed, Adecoagro would control 90% of Profertil, with the remaining 10% held by Asociación de Cooperativas Argentinas.
Adecoagro plans to finance the acquisition through existing cash, a committed long-term credit facility, and proceeds from equity sales. The transaction requires approval from YPF’s Board of Directors, expected in December 2025.
Profertil is described as a low-cost global producer of urea and ammonia, with an annual capacity of approximately 1.3 million metric tons of urea and 790,000 metric tons of ammonia. The company supplies about 60% of Argentina’s urea consumption and generated an average annual EBITDA of approximately $390 million between 2020 and 2024.
"This transaction marks a significant milestone for Adecoagro, enhancing our scale, diversifying our portfolio, and strengthening the Company’s long-term performance," said Mariano Bosch, Co-Founder and CEO of Adecoagro.
The transaction is expected to close by December 31, 2025, subject to customary conditions. Upon completion, Profertil will be fully consolidated into Adecoagro’s operations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.








