Tether Investments looking to acquire South American agro group Adecoagro

Adecoagro, a prominent sustainable production company in South America, has announced that its Board of Directors received an unsolicited non-binding acquisition proposal from Tether Investments on February 14, 2025.

The proposal involves acquiring all outstanding Common Shares of the company at a price of $12.41 per share, which would enable Tether to hold a controlling stake of 51% in Adecoagro.

Tether, which currently owns approximately 19.4% of Adecoagro’s shares, is an investment firm known for its focus on emerging markets and sustainable investments. The firm has been actively involved in various sectors, including agriculture, technology, and renewable energy, positioning itself as a significant player in the global investment landscape.

Adecoagro is a leading sustainable production company in South America. Adecoagro owns 210.4 thousand hectares of farmland, and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity.

Tether’s strategy emphasizes long-term value creation and responsible investment practices, aligning with Adecoagro’s commitment to sustainable production.

Adecoagro’s Board convened on February 16, 2025, to assess the offer, with its directors having decided to engage both legal and financial advisors to thoroughly evaluate the proposal and determine its implications for the company and its shareholders.