InVenture has found an investor and advised the seller in the purchase and sale agreement of a crop-growing agricultural company in the Odessa region with a total farmland bank of 4,000 hectares under management, including irrigated land.
The company is actively developing crop production, using advanced technologies, investing in the development and infrastructure of nearby villages, providing jobs.
The scope of the agreement included: agricultural land lease rights, a base, a fleet of agricultural machinery (seeding complexes, sprayers, tractors, soil cultivation equipment, etc).
The new owners plan to further develop the agribusiness by investing additional capital in irrigation systems to expand irrigated land and modernize the enterprise’s infrastructure.
Key transaction highlights:
- Deal timeline: August 2024 – January 2025 (6 months)
- Deal advisory: Brokerage
- Deal parties: Eridon (seller) and a private individual (buyer)
- Deal value: NDA
- Interested investors: 6
- Facility visits: 3
- Official bids: 2
Further details on the transaction are available on the InVenture platform.