Agrifac Machinery B.V.

Sale of Agrifac Machinery to Exel Industries

Financial advisor to Seller
July 2012
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Sale of Agrifac Machinery to Exel Industries

Mahler CF advised Vudel Invest on the sale of Agrifac, a specialised manufacturer of high-end self-propelled crop sprayers and sugar beet harvesters, to French listed Exel Industries.

Exel Industries has acquired a 100% stake in the Dutch company, Agrifac Machinery B.V., from APC holding and minority shareholders. Agrifac has a workforce of 90 and has turnover of EUR 38.3mln. Specialised in self-propelled crop spraying machines and sugar beet harvesters, Agrifac has subsidiaries in the UK and Russia and markets its products in more than 13 countries worldwide.

The addition of Agrifac to the Exel Industries brands consolidates Exels' position as market leader in crop spraying and strengthens the Group's presence in the dynamic markets of Eastern Europe and CIS.