The transaction amounts to EUR100,000 and the full amount will be paid until December 2026.
Expert Agribusiness has over 20 years of experience in research and the production of seeds with Romanian genetics. The company holds more than 17 patents for corn, sunflower, wheat and barley. It operates a modern seed processing line that covers conditioning, sorting, treatment and packaging. It also has a dedicated team focused on research and seed multiplication. In 2024, Expert Agribusiness reported a turnover of RON 9.6 million and a net profit of RON 0.25 million.
“The acquisition of the majority stake in Expert Agribusiness marks an important strategic step in strengthening Norofert as an integrated platform for sustainable agricultural solutions dedicated to Romanian farmers. By integrating Romanian genetics into our portfolio, we complete our technological product range for small and medium-sized farmers and create the foundation for long-term collaboration built on local value and innovation. We are confident that the synergy between Expert Agribusiness’s research and production capabilities and the Norofert ecosystem will generate significant results both for the company and for the farmers we serve,” said Vlad Popescu, President of the Board, Norofert.
The acquisition strengthens Norofert’s activity in the Romanian market. It expands the client portfolio toward small and medium-sized farmers, for whom seeds with Romanian genetics deliver the best results. With a sales team of eight people, Expert Agribusiness also opens a new market for Norofert’s products. Its portfolio naturally complements the technological packages that the Company offers to farmers in Romania and the Republic of Moldova. The synergy across Norofert’s business lines also extends to the Zimnicea farm. The production of seed lots will move there and will supply the processing line in Fundulea. This step will significantly reduce the cost of the resulting seeds.
The Zimnicea farm, acquired by Norofert in 2021, covers 1,000 hectares in Teleorman County. The Company uses it as a field testing platform for the ecological technologies and inputs it sells to farmers. At Zimnicea, Norofert operates pivot irrigation systems on approximately 450 hectares. The Company plans to expand the irrigated area to over 700 hectares by the end of the first quarter of 2026. It uses advanced technologies, including drones for phytosanitary treatments and crop monitoring. These tools increase operational efficiency and support sustainable production growth.