SevenX Ventures increases stake in Romanian farmland operator Holde Agri Invest

SevenX Ventures increased its stake in Holde Agri Invest, one of Romania’s largest agricultural land operators, the company announced. At the same time, Leonard Leca, a member of Holde’s Board of Directors and an investor in SevenX Ventures, increased his holding in SevenX Ventures to 71%, resulting in a reduction of Vertical Seven Group’s stake in the same fund to 10%.

In the medium term, Holde Agri Invest said that it prioritized stabilizing its financial position and consolidating the business. Over the long term, the company plans to resume its expansion and development strategies, with the goal of expanding its operational area from 16,300 to 36,000 hectares.