Babiš’s Agrofert buys Dutch ammonia firm for €290 million

Agrofert, the Czech holding company owned by likely future prime minister Andrej Babiš (ANO), has purchased the Dutch firm OCI Ammonia Holding B.V. for 290 million euros, the company announced on its website. OCI Ammonia Holding owns an ammonia import and storage terminal in Rotterdam, as well as a distribution platform supplying ammonia to customers across Europe.

According to Agrofert, the deal is expected to be completed in the first half of 2026,. The acquisition is set to strengthen Agrofert’s position as one of Europe’s major producers of nitrogen fertilizers.