The Dutch group DN Agrar has become, through constant investments, the largest livestock farm in Romania

By rbj
DN Agrar Group, a group of companies with a Dutch majority shareholder active in various agricultural fields: animal husbandry, plant production, services in agriculture, logistics, transport, tourism and consulting services for business and management, received the approval of the authority of the Competition Council for the purchase the DN Agrar Apold cow farm from the Dutch Investment Fund Garbova CV.
“The company’s development process through acquisitions has been supported by the listing on the Bucharest Stock Exchange since last year and aims to integrate the group’s activities as effectively as possible, part of a circular economy. The plans remain ambitious, with modernization and integration projects, supported by a successful business model, i.e. reaching a turnover of 80 million lei in 2022, supported mainly by the acquisition of the Apold farm, carried out at the beginning of April”, states Jan Gijsbertus de Boer, Chairman of the Board of Directors DN Agrar Group.
After the completion of all legal operations, the DN Agrar Group reaches 16 entities that support integrated agriculture, part of a circular economy, through animal husbandry – raising dairy cattle, agricultural vegetable production, providing services in agriculture, logistics, transport and tourism.
The integration of Lacto Agrar and Apold farms in the last year has helped to double the number of cattle to 10,000. Regarding vegetable production, through the integration of the new companies, the cultivated area exceeds 7,000 hectares of land. For the 2021-2022 agricultural year, fall crops – fall triticale, winter wheat and spring crops – barley, sunflower, corn, soybeans and peas are established.
In July 2021, DN Agrar Group attracted 24.8 million lei from investors following a private placement through which the company sold 25.7% of the share capital, to acquire the Lacto Agrar farm, according to the objective set in the issue prospectus . Before the takeover of Lacto Agrar, plant production, livestock production and farm management were integrated into the agribusiness of the DN Agrar group of companies, so after the transaction was completed, a transition process of the production and management activities carried out within the activity was not necessary farms. The rest of the purchases were financed through a credit facility, recorded as long-term debt.
DN Agrar Group SA, is a group of companies with majority Dutch shareholders operating in the center of Romania/Transylvania in Alba, Sibiu and Hunedoara counties. The group is listed on the Bucharest Stock Exchange from February 2, 2022, under the symbol DN.
The main fields of activity are animal husbandry, agricultural plant production, services in agriculture, logistics, transport, tourism and consulting services for business and management.
DN AGRAR Group SA has a total of 233 employees and with the integration of the Lacto Agrar and Apold farms (completed in April 2022), it became the largest livestock farm with cow’s milk production in Romania. The group has approx. 7,000 hectares of owned and leased land they work and over 10,000 head, dairy cows and young cattle.
Crop agricultural production provides the fodder base for dairy farms and is mainly based on maize silage, alfalfa, triticale silage, grass, wheat straw. Another important activity is the cultivation of cereals (wheat, corn, barley) and oilseeds (soybean and sunflower) for commercialization. From the own production, the need for grain for the payment of the rent is also ensured. The group supports integrated agriculture within cattle breeding farms and the resulting liquid and solid animal droppings are used as organic fertilizer for agricultural crops.
DN AGRAR implements in its farms a modern soil conservation technology by using environmentally friendly minimum tillage technology.