Farm input provider Agroind Cauaceu is a business founded in 1996 by the Corbut family, in Bihor County.
In 2018, Swiss Ameropa Group, one of the largest grain traders in Romania, joined the shareholding structure of Agroind Cauaceu, after acquiring 40% of Agroind shares.
The antitrust watchdog said that following the transfer of shares, Agroind will be controlled by Ameropa, the Moldovan family and the Corbut family.
The company ended 2020 with a turnover of RON464 million (nearly EUR95 million), up 6.5% on the year, per Confidas.ro data. However, its profit dropped 61% to RON1.5 million, the lowest level of the last 12 years.
The company Promat, the companies within the group of the Corbut family, as well as the companies within the group of the Moldovan family, operate in the farming sector.
Ameropa DG Holding is engrossed in trading chemical fertilizer, grain and petrochemical products. In Romania, Ameropa Group operates mostly through three companies: Azomures, Ameropa Grains and Chimpex.
“Following an analysis, the Competition Council found the operation poses no significant obstacles in terms of actual competition on the Romanian market, or on a significant part of it and there is no serious doubt regarding its compatibility with the normal competitive environment.