Agribusiness: the sale of Profertil, a key operation for the southern Buenos Aires province

The agribusiness sector experienced a high-impact news event with the change of command at Argentina's leading fertilizer producer. Profertil officially announced a key modification in its shareholder structure: Adecoagro has taken control of 90% of the company's capital, while the Asociación de Cooperativas Argentinas (ACA) retained the remaining 10%. Industrial plant in Ingeniero White The shareholder reconfiguration includes the industrial plant located in Ingeniero White, in the district of Bahía Blanca, one of the country's most important complexes for the production of granulated urea and other nitrogen fertilizers essential for agricultural activity. With this operation, control of Profertil is completely in the hands of actors closely linked to the Argentine agribusiness sector. The exit of YPF and Nutrien was completed in two stages. First, Adecoagro and ACA acquired the 50% that was in the hands of the Canadian company. Then, Adecoagro proceeded with the purchase of ...