Adecoagro

Founder-CEO Mariano Bosch remains, with deep operating pedigree in South American agribusiness. Governance shifted after Tether’s tender; an Executive Chairman and several directors were added, with minority protections described.

The new control structure may accelerate growth and capital access but introduces alignment and related-party risk typical of controlled foreign issuers. Execution in integrating Profertil and maintaining Brazilian mill efficiencies will be the best signal for management quality post-transaction.