Overview

• BayWa has agreed to sell its Dutch unit Cefetra to First Dutch owner Peter Goedvolk for a €125 million purchase price.
• The deal will eliminate €500 million of Cefetra’s liabilities and cut an additional €150 million in BayWa’s direct borrowings, totaling €650 million in debt relief.
• BayWa previously agreed to divest its stake in Austria’s RWA and expects the two sales to reduce its debt by €1.1 billion.
• BayWa acquired Cefetra in 2012 for €125 million under former CEO Klaus Josef Lutz as part of an international expansion strategy.
• The Cefetra sale is expected to close in the third quarter of 2025 and represents another phase in BayWa’s multi-year turnaround set to finish by 2028.