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M&A Deal Summary

Agryco Acquires Farmitoo

On January 29, 2025, Agryco acquired e-commerce company Farmitoo from Ixo Private Equity

Acquisition Highlights
  • This is Agryco’s 1st transaction in the E-Commerce sector.
  • This is Agryco’s 1st transaction in France.

M&A Deal Summary
Date 2025-01-29
Target Farmitoo
Sector E-Commerce
Buyer(s) Agryco
Sellers(s) Ixo Private Equity
Deal Type Add-on Acquisition

Target

Farmitoo

Cheniers, France
Farmitoo offers agricultural equipment on a short circuit to farmers, via a platform of online sales. By working directly with these agricultural equipment manufacturers, Farmitoo reduces the number of intermediaries and guarantees farmers competitive and fair prices. The platform offers more than 150,000 products and provides access to more than 350 agricultural manufacturers. Farmitoo was founded in 2017 and is based in Cheniers, France.

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Buyer(S) 1

Buyer

Agryco

Coole, France
Category Company
Sector E-Commerce
DESCRIPTION

Agryco is an agricultural e-procurement platform that offers the widest range of agricultural supplies, including fertilizers, seeds, animal nutrition, regulated products, as well as spare parts and agricultural equipment. Agryco is based in Coole, France.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Ixo Private Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
PE ASSETS 970M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Ixo Private Equity is a private investment firm focused on acquiring and investing in companies at all stages, including venture, growth, and buyout. The Firm's buyout group does not have any sector preferences and looks to invest €2 to €30 million. Ixo's geographic preference is for opportunities throughout Western Europe. Ixo Private Equity was formed in 2002 and is based in Toulouse, France.

DEAL STATS #
Overall 27 of 30
Sector: E-Commerce M&A 3 of 3
Type: Add-on Acquisition M&A Deals 8 of 9
Country: France M&A 25 of 28
Year: 2025 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-26 Moon Safari

Bordeaux, France

Moon Safari is a multidisciplinary architecture and urban planning firm, deliberately eclectic and open; tertiary, housing, education, sports, industry or equipment, all projects attract our attention. Moon Safari was founded in 2002 and is based in Bordeaux, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-19 Magellium

Ramonville-Saint-Agne, France

Magellium is a provider in the development of software for geographic based information systems (GIS), cartography, vision-based solution for robotics applications for defense and security, aerospace and energy sectors. Magellium was founded in 2003 and is based in Ramonville-Saint-Agne, France.

Sell -
Mergr

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