Partners Group has agreed to buy Rovensa, a provider of crop nutrition, protection and biocontrol products, from Bridgepoint. The deal values the Portuguese business at around €1 billion. Under Partners' ownership, the company will focus on acquisitions and international expansion.
Rovensa's products are sold in over 70 countries, generating an annual revenue of around €360 million. Bridgepoint bought the business in 2016 for €456 million.