The decision comes as a result of a strategy to disinvest from the agriculture sector, after ROCA officials have recently announced plans to have 8 to 10 construction supply companies in their portfolio.
“After five years of active presence in agribusiness, we have made the decision to reduce exposure to a sector we thought was strategic but unfortunately always remains a collateral damage of the economic and geopolitical context. Agriculture has tremendous potential, but constant uncertainty and lack of coherent support policies have made us pivot to more stable sectors, where we can more effectively contribute to creating value in the long run,” said Rudi Vizental, CEO and co-founder of ROCA Investments.
The year 2024 was the third year of drought in the last five and put a lot of pressure on farmers’ revenue. Grain trade also suffered from the decline in prices on the international exchanges.
(English version by Loredana Fratila-Cristescu)