Agropolychim AD intends to acquire indirectly 20.3% of Neochim AD
Agropolychim AD (through its subsidiary Rhea Ventures EAD) has concluded an agreement with the Czech company Agrofert a.s. for the purchase of 100 % of the shares in the capital of the Bulgarian company Feboran EOOD, which owns a 20.3% stake in Neochim AD. Consequently, Rhea Ventures has filed a notification to the Commission on Protection of Competition of Bulgaria on October 18th, 2024.
Rhea Ventures EAD was incorporated by Agropolychim AD in August 2024 to identify and pursue opportunities for equity and debt investments in companies from industrial sectors that are related to its core business – agriculture, chemicals, transportation and logistics, where, through synergies and expertise from the Agropolychim Group, added value can be created and/or unlocked.