ROCA Investments has launched ROCA Agri RDF jointly with RDF SA, one of the leading regional input distributors.
The new holding, ROCA Agri RDF, brings together three companies – RDF SA, RDF Agricultura SRL and Adidana SRL- and targets a turnover of RON700 million in 2022.
With the launch of the holding, the company RDF SA becomes ROCA Agri RDF and, from a local company present especially in western Romania, it is turning into an actor with nationwide presence in agriculture.
Company officials said the new holding will invest in Romanian agricultural companies and its investments will contribute to consolidating business operations, developing new business lines and implementing the one stop shop concept for farmers across the entire agriculture sector.
Representatives of ROCA Agri RDF and ROCA Investments said the new holding specialized in agriculture could be expanded with two or three more companies besides the three existing ones.
The three companies that are now part of the new holding had a turnover of over RON300 million and an EBITDA of RON14.4 million in the first half of 2022, exceeding the estimations for the first half of the year.
In 2021, ROCA Investments was valued at RON247.5 million (over EUR50 million), more than double the RON102 million level in 2018.
ROCA portfolio currently includes two holding companies – ROCA Industry specialized in constructions and ROCA Agri RDF specialized in agriculture -as well as investments in other companies operating in various economic sectors.