In the wake of the deal, the farming area exploited by ROCA Agri RDS reaches 4,000 hectares and the holding expects to generate consolidated turnover EUR150 million and EUR7.5 million EBITDA.
“In the following period, we will focus on business integration and we are pursuing further deal opportunities on the market in a bid to strengthen our foothold as a national player on the agribusiness segment,” says Florin Deznan, ROCA Agri RDF CEO.
The holding’s investments in Romanian companies envisage the development of new business lines and the implementation of the one-stop-shop concept for farmers, via integrated products and services, adjusted to modern farming.
ROCA Investment reached a valuation of RON247.5 million (over EUR50 million) in 2021, from RON102 million in 2018, more than double. ROCA’s portfolio includes two holdings, as well as investments in other companies in various economic fields.
(English version by Catalina Apostoiu)