Brussels, 8 May 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of East Grain of Romania by Agrofert of Czechia.
The transaction relates primarily to the trade of cereals, oilseeds, animal feed and mineral fertilizers.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited combined market position resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11448.
AGROFERT is the largest group of companies active in the Czech and Slovak agriculture and food industry, the second largest domestic group of chemical companies, a major European producer of nitrogen fertilisers and also the third largest domestic exporter.
The AGROFERT Group employs almost 31,000 people. With 21,000 employees in the Czech Republic, AGROFERT is the largest Czech private employer.