Agronom Acquires Ruris Agro
WAHL's Corporate & M&A practice advised Agronom on its acquisition of Ruris Agro. This pivotal transaction marks a significant milestone in Agronom's growth strategy and reinforces its position as one of the leading players in the Croatian agricultural sector.
Agronom is a prominent company specializing in the trade of agricultural products, raw materials and machinery. With over 400 employees, Agronom is dedicated to providing top-notch services and products to farmers and agricultural businesses. Its diversified operations include contracting agricultural production, sale of seeds, fertilizers and plant protection products, and livestock farming. Agronom is part of the Agrofert Group, leading conglomerate in the Czech and Slovak agricultural and food industries as well as one of the largest European producers and distributors of chemicals, fertilizers, agrochemicals, and plastics.
Ruris Agro has established a strong presence in the trade of agricultural products in south-east of Croatia. It excels in the wholesale and retail of grains, oilseeds, fertilizers, seeds, but especially distribution of plant protection products. The company’s operations align seamlessly with Agronom's, creating opportunities for synergies and growth.
This acquisition allows Agronom to further diversify its portfolio and enhance its market reach, leveraging the strategic alignment and complementary operations of Ruris Agro. By integrating Ruris Agro’s strengths, Agronom aims to foster growth across all segments, including plant protection products and the procurement of agricultural commodities.
Our legal team worked diligently to navigate the complexities of this transaction, including filing merger notification with the Croatian Competition Agency, ensuring a smooth and efficient process. We are proud to have played a role in facilitating this strategic acquisition, which promises to deliver significant benefits to Agronom, Ruris Agro, and their stakeholders.
Congratulations to Agronom and Ruris Agro on this exciting new chapter! We look forward to witnessing their continued success and growth in the agricultural industry. We would also like to thank legal advisers of Ruris team, Law Firm Planinić, Šoljić & partners Ltd (Domagoj Šoljić) and their financial adviser Perfectus Revizija (Tomislav Jelovic) for their flawless collaboration throughout the process.