Overview

• Adecoagro will take 80% of the stake and ACA 20%, with Rabobank advising the buyers.
• Closing is targeted before the end of 2025, subject to customary conditions and any required approvals.
• YPF owns the remaining 50% of Profertil and can acquire Nutrien’s shares on the same terms within the 90-day window.
• Profertil’s Bahía Blanca plant can produce about 1.3 million tonnes of urea and 790,000 tonnes of ammonia annually, supplying roughly 60% of Argentina’s urea.
• Nutrien framed the divestment as part of a global refocus, and the long-discussed expansion of Profertil’s capacity—estimated at around $1.5 billion—remains an outstanding issue.