Yunost to acquire farm complex

11 March 2021

Yunost, a Russia-based agroholding, plans to acquire a 98.98% stake in the large-scale farming enterprise Tambovsky (TambovAgroInvest LLC) operating 40,000 hectares of farmland in the Tambov region. 49% of the enterprise’s shares are owned by Danish investors Danrus Agro ApS and Avgas ApS. According to market experts, the worth of the deal might reach from $23 million to $35 million. With this deal, Yunost will expand its farmland area under operation up to 70,000 hectares.

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