Romanian agribusiness East Grain, part of the Agrofert Group, has acquired a 90% stake in Maragro Group, an agricultural firm based in Giera, Romania.
“This acquisition represents a strategic milestone for East Grain, marking its shift toward integrating value-added activities across the agribusiness supply chain,” the company said on 22 July.
“By uniting Maragro’s operational strengths with East Grain’s market reach and investment capabilities, the partnership aims to build a more competitive and resilient agricultural platform in Romania.”
Financial terms of the agreement were not disclosed, a 25 July World Grain report said.
Maragro’s business includes about 9,600ha of farmland, as well as oilseed processing and a seed selection and treatment plant.
To ensure continuity going forward, Maragro Group founder and co-owner Marco Chiaradia would retain a 10% share of the company and remain actively involved in its operations, East Grain said.
Founded in 2007 and based in Cluj-Napoca, Romania, East Grain’s main activity is the trade of cereals (wheat, corn and barley) and oilseeds (sunflowerseed, rapeseed and soyabeans), but it also provides related services including logistics, storage, processing and integration services and has established itself regionally with a presence in Romania, Hungary and Serbia.
It also trades a wide range of other raw materials for the feed industry, including soyabean, sunflower, rapeseed and corn meals.
According to the company’s website, a significant part of its crops are from Romania and Hungary, from a supplier base of over 450 domestic and international producers and traders.
The oilseeds its sells are mainly used in the production of edible oils and lecithin, and in the production of fuels.
In terms of sales, the Central and Eastern European processing industry is East Grain’s main strategic market, but the company is also active in the export markets of Western Europe and the Black Sea region.
Headquartered in Prague, Czech Republic, Agrofert is active in the Central European agriculture and food industry and a major fertiliser producer. It acquired a 65% stake in East Grain in 2023.
