FirstFarms AS: acquires shares in Agri Invest AS

Billund / DK. (ff) Denmark’s FirstFarms A/S has acquired 1.67 percent of the shares in Agri Invest A/S for at total price of 6,687,500 DKK. «We see a potential in Agri Invest, which owns and operates 10,000 hectares of land in Romania. Our acquisition of shares in the company is a passive investment in line with our strategy about continuous acquisition, optimisation and sale of land,» says FirstFarms-CEO Anders H. Nørgaard. The acquisition of shares does not affect the company’s expectations for 2022 of and Ebitda in the level of 80 to 120 million DKK and an Ebit of 35 to 75 million DKK.

bakenet:eu
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