Estonia Farmid Joins Forces with Trigon Capital for Agricultural Expansion
Deal News | Jan 15, 2025 | CEE Legal Matters
Trigon Capital has acquired Estonia Farmid, significantly expanding its agricultural operations. The acquisition will merge Estonia Farmid with Trigon's existing Vaatsa Agro assets, creating one of Estonia's largest farming conglomerates. Currently, Trigon Capital manages 6,800 hectares of farmland and maintains 3,500 dairy cows. With the addition of Estonia Farmid's 9,300 hectares and 2,700 dairy cows, Trigon Capital will bolster its production capability. The legal advisory team for the acquisition from Ellex involved a number of partners, counsels, and associates, including Sven Papp and Martin Maesalu.
Sectors
- Agriculture
- Private Equity
- Legal Services
Geography
- Estonia – The acquisition involves Estonia Farmid and Trigon Capital, both based in Estonia, and focuses on expanding agricultural operations within the country.
Industry
- Agriculture – The article discusses the acquisition of an agricultural producer by a capital management firm, which will form a major farming conglomerate.
- Private Equity – Trigon Capital, a private equity firm, is expanding its portfolio through the acquisition of Estonia Farmid.
- Legal Services – Ellex, a legal advisory firm, is involved in providing legal counsel for the acquisition.
Financials
- Not Disclosed – The article does not disclose the financial terms of the acquisition deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Trigon Capital | Bidding Company | Company | A private equity firm that owns and manages agricultural assets, expanding through the acquisition of Estonia Farmid. |
| Estonia Farmid | Target Company | Company | An agricultural producer in Estonia acquired by Trigon Capital. |
| Ellex | Legal Advisor | Company | Provided legal advisory services for the acquisition deal between Trigon Capital and Estonia Farmid. |
| Sven Papp | Partner at Ellex | Person | One of the partners involved from Ellex in the legal advisory team for the acquisition. |
| Martin Maesalu | Partner at Ellex | Person | One of the partners involved from Ellex in the legal advisory team for the acquisition. |