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Fertilizers, spare parts... Agriconomy dreams of being the "Amazon of farms"

2022-11-08T05:13:45.539Z


The company aims to accelerate in the five countries in which it is present (France, Italy, Spain, Germany and Belgium).


Spare parts for tractors or combine harvesters, fertilizers, seeds, animal feed, fuel, advice... For almost ten years, the Agriconomie platform has forged a place of first choice in the online sale of products and services. agriculture, but also services and decision support tools for farmers.

The company wants to go further.

This Tuesday, the e-merchant, which will achieve a turnover of 100 million euros this year, announced that it had secured new financing of 60 million euros.

Carried out with four investment funds (Eurazeo, Singapore's sovereign wealth fund Temasek, Treïs Group and the Californian Aliment Capital), this fundraising should make it possible to

“Improving the experience of our 80,000 farmer customers in Europe in terms of delivery speed, supplies, telephone advice, etc.

,” emphasizes Paolin Pascot, co-founder of Agriconomie.

The company also aims to accelerate in the five countries in which it is present (France, Italy, Spain, Germany and Belgium).

"The potential market for agricultural purchases there is 200 billion euros, and we will focus first on France and Germany",

specifies the manager.

While it claims for its site the monthly visit of 85% of French farmers, Agriconomie will also double its workforce in Europe to recruit and retain more farmers.

Above all, the platform will launch a financing service for its farmer customers by next year

,

allowing them to have a 60-day payment period

.

Objective: to reach 1 billion euros in turnover by 2027 or 2028.

Source: lefigaro

All business articles on 2022-11-08

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