BayWa AG Pursues New Investor for Cefetra Acquisition Amid Financing Challenges

BayWa AG is in discussions with a new investor group to acquire Cefetra, following the failure of First Dutch Group, led by Peter Goedvolk, to secure financing for the purchase. BayWa has reserved the right to make claims against First Dutch Group for contractual breaches, as all conditions for closing the sale were previously met.

The new investor group plans to adhere to the existing purchase agreement and finance the acquisition with equity capital. Banks have expressed willingness to support the transaction, pending standard checks and approvals. BayWa aims to finalize the acquisition in the fourth quarter of 2025.

Additionally, BayWa plans to unveil an offer in October for the second tranche of its cash capital increase, targeting freefloat shareholders, as part of its restructuring plan. Banks have also indicated their readiness to provide long-term financing support for Cefetra.