Following the deal, Holde Agri Invest reaches over 7,000 hectares of operated farmland.
Holde Agri Invest will be listed in the following months on the alternative trading system AeRO of the Bucharest Stock Exchange under the ticker symbol HAI.
In 2019, Agromixt had 21 employees, revenues of over RON20 million and a net profit of RON5 million
The acquisition was partly financed with funds attracted by Holde via private placement in December 2019 and partly from bank loans. The deal has two stages – Holde Agri Invest currently holds 30% of Agromixt and the remaining 70% will be transferred in the upcoming months.