Roca Investments announced on Friday the completion of the amicable separation process of the companies in the agricultural holding, as part of a portfolio reconfiguration strategy.
According to a company's press release for AGERPRES, following this process Roca Investments is completely withdrawing from the RDF shareholding, while Adidana and Agro IFN remain in its portfolio, consolidating the Group's strategic direction.
The decision is part of a strategy to reduce exposure in a sector that, although considered strategic for Romania, has been going through a difficult period for over three years, being affected by price volatility, the decrease in the payment capacity of actors in the field and the indirect effects of geopolitical and fiscal decisions.
"After five years of active presence in agribusiness, we have made the decision to reduce exposure to a sector that we considered strategic, but which, unfortunately, always remains collateral damage of the economic and geopolitical context. Agriculture has immense potential, but constant uncertainty and the lack of coherent support policies have led us to pivot towards more stable areas, where we can contribute more efficiently to the creation of long-term value," the CEO and co-founder of Roca Investments, Rudi Vizental said in a release.
Roca Investments is the Romanian private equity company that capitalizes on the sector's potential through majority investments in local companies.
In the last five years, the Group has invested over 100 million euros, directly and indirectly (investments made by portfolio companies), in companies in Romania.
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