Tether announced in a statement on Wednesday, April 30, 2025, that it has acquired a 70% controlling stake in Adecoagro, a leading agro-industrial and sustainable production company in South America.
Tether revealed that discussions about the acquisition began in September 2024 with a $100 million investment for a 9.8% stake, signalling the company’s interest in diversifying into other sectors—particularly investments that support economic freedom and long-term resilience in emerging markets.
The company says its controlling stake will enable it “to accelerate Adecoagro’s growth and align its board and operations with a forward-looking vision focused on renewable energy, efficient resource use, and regional development.”
New Management Restructuring
To fully establish its presence, Tether has appointed new board members, to be led by Mr. Juan Sartori. Other newly appointed members include Mr. Christian De Prati, Mr. Andres Larriera, Mr. Kyril Robert Leonid Louis-Dreyfus, and Mr. Oscar Alejandro León Bentancor. They will join continuing members Mrs. Manuela Vaz Artigas, Mr. Ivo Andrés Sarjanovic, Mr. Daniel González, and Mr. Mariano Bosch, following the stepping down of former board members.
Tether CEO Paolo Ardoino said, “acquisition of Adecoagro reflects Tether’s commitment to advancing sustainable, real-world infrastructure in regions where investment has historically been limited.”
For Mariano Bosch, the Co-Founder and CEO of Adecoagro, Tether’s investment in building sustainable infrastructure marks a turning point, as it opens up new possibilities.
Tether says the new Board will be confirmed at its General Shareholders’ Meeting scheduled for Friday, June 6, 2025.
By acquiring a majority stake in Adecoagro, Tether deepens its engagement in productive, long-term investments that deliver both economic and societal value.
Adecoagro was founded in 2022 when it first acquire 75,000 hectares of of farmland in Argentina. Today is has expanded to other South American countries such as Argentina, Brazil, and Uruguay. The agro-industrial firm has $942.94 million market capitalisation as of April 28, 2025, according to Stock Analysis.