Joakim Helenius’ Trigon Capital has acquired one of Estonia’s largest agricultural companies, Estonia Farmid, which the entrepreneur plans to merge with his existing company, Väätsa Agro.The parties have not disclosed the transaction price, but according to Helenius, it falls between €1 and €100 million.
Trigon Capital currently operates 6,800 hectares of farmland and manages 3,500 dairy cows.The Estonia Farmid group operates 9,300 hectares of farmland and owns 2,700 dairy cows.With the signing of a purchase agreement on Wednesday evening, one of Estonia’s largest agricultural conglomerates is set to emerge.
Read more: ERR.EE
