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Adecoagro and ACA Agree to Buy Nutrien’s 50% Stake in Profertil for About $600 Million

YPF’s 90‑day matching right will decide the final ownership of a fertilizer supplier critical to Argentina’s crops.

Overview

  • The signed agreement values Nutrien’s half of Profertil at roughly $600 million with an 80%/20% split between Adecoagro and ACA.
  • YPF retains the remaining 50% of Profertil and holds a contractual right of first refusal for the next 90 days.
  • Closing is targeted before the end of 2025, subject to customary conditions and regulatory approvals.
  • Profertil’s Bahía Blanca complex produces about 1.3 million tonnes of urea and 790,000 tonnes of ammonia a year, supplying around 60% of Argentina’s urea.
  • Nutrien frames the divestment as a strategic refocus, while Rabobank advises the buyers on the transaction.