Adecoagro S.A. Acquires YPF’s Remaining 50% Stake in Profertil S.A.

Tether Acquires 70% of Adecoagro in Majority Stake Deal

April 30, 2025

Energy

Tether Investments S.A. de C.V. agreed to acquire control of Adecoagro S.A., including through a tender offer that would raise its ownership to about 70% of Adecoagro’s outstanding shares. The purchase is priced at $12.41 per common share and is subject to customary closing conditions, including a minimum tender threshold of shares representing at least 51% on a fully diluted basis.

Fagron Acquires Purifarma in Brazil

January 6, 2026

Pharmaceuticals

Fagron has completed the acquisition of Purifarma, a large-scale pharmaceutical essentials business in Brazil, for an enterprise value of approximately R$250 million. The deal strengthens Fagron's scale and procurement position in Latin America and supports the Group's buy-and-build strategy to expand its pharmaceutical compounding and essentials platform.

Fagron Acquires Purifarma (Brazil)

January 6, 2026

Pharmaceuticals

Fagron has completed the acquisition of Purifarma in Brazil following CADE approval, strengthening Fagron's scale in Essentials and advancing its buy-and-build strategy. Purifarma is a large-scale distributor/importer of pharmaceutical, food and cosmetic inputs; the transaction carries an enterprise value of approximately R$250 million and is expected to deliver product-mix improvements, access to industrial customers and purchasing synergies across Latin America.

Grupo Fertiberia Acquires Trichodex

July 12, 2022

Agriculture

Grupo Fertiberia, a Triton Partners-backed leader in EU crop nutrition, has acquired Seville-based biotechnology company Trichodex to expand its biofertilisers, biostimulants and microorganism-based biocontrol capabilities. The deal strengthens Grupo Fertiberia's R&D and manufacturing footprint in sustainable crop nutrition and advances its Net Zero and product-decarbonisation strategy.

ProA Capital Acquires Majority Stake in Grupo Amara

May 14, 2021

Energy

Spanish private equity firm ProA Capital has acquired a majority stake in Grupo Amara (Amara), a 60-year-old distributor of electrical material and supplier to the renewable energy and telecom sectors. Management, led by Pablo Arnús and Gonzalo Errejón, remain in place and retain a significant share; ProA's investment is intended to provide financial backing for growth and international expansion (notably the United States).

Ardian Acquires Peru-based Hydropower Company

December 18, 2023

Renewable Energy

Ardian, through its Ardian Clean Energy Evergreen Fund (ACEEF), has acquired 100% of a Peru-based hydropower company from funds managed by BTG Pactual, Patria Investments and GMR Holding B.V. The acquired portfolio comprises six run-of-river hydroelectric plants with total capacity of 73.4 MW and government-awarded, US dollar–denominated contracts; the deal adds technological diversification and strengthens ACEEF's renewable energy presence in Latin America.