Holde Agri expands investments in Romania
Holde Agri expands investments in Romania
  Investments  |  Balkans

Holde Agri expands investments in Romania

The farm has an area of 2,100 ha of land and becomes the fourth core farm of Holde, after Roșiori, Videle, and Frumușani.
RE+D magazine
12.04.2022

Holde Agri Invest, a Romanian company operating farmland, announced the completion of the acquisition of a new farm in Dâmbovița County, Conțești commune.

The farm has an area of 2,100 ha of land and becomes the fourth core farm of Holde, after Roșiori, Videle, and Frumușani.

The value of the transaction is 10,25 million lei, of which Holde will effectively pay 250 thousand lei. The remaining 10 million lei represent liabilities that Holde will take over, the objective being that they will be significantly reduced in the next four years, based on a turnaround program planned by the group. 

The lands within the farm are leased and well merged, this being one of the main reasons for making the acquisition. The farm has its own base, and machinery that will enter the modernization process according to the operational standards of the Holde group.