DOI 10.36461/NP.2024.70.2.016
UDC 334.78

MERGERS AND ACQUISITIONS IN THE AGRO-INDUSTRIAL SECTOR AS A FACTOR TO IMPROVE ITS EFFICIENCY IN THE CONTEXT OF ECONOMIC TRANSFORMATION
A.V. Nosov, Candidate of Economic Sciences, Associate Professor, Penza State Agrarian University, +79022047771, This email address is being protected from spambots. You need JavaScript enabled to view it.
O.A. Tagirova, Candidate of Economic Sciences, Associate Professor, Penza State Agrarian University, +79656385748, This email address is being protected from spambots. You need JavaScript enabled to view it.
M.Yu. Fedotova, Candidate of Economic Sciences, Associate Professor, Penza State Agrarian University, +79656385748, This email address is being protected from spambots. You need JavaScript enabled to view it.
L.B. Vinnichek, Doctor of Economic Sciences, Professor, St. Petersburg State Agrarian University, Saint Petersburg, Russia, tel. 89050164668, e-mail:This email address is being protected from spambots. You need JavaScript enabled to view it.
E.S. Zontikova, student, Penza State Agrarian University, +79631012978, This email address is being protected from spambots. You need JavaScript enabled to view it.

The purpose of the study is to develop proposals to improve the efficiency of the country's agricultural sector by activating the processes of mergers and acquisitions (M&A). The object of the study was the mergers and acquisitions market in the agro-industrial sector of the Russian Federation. The proposed directions for solving the problem of reducing the efficiency of the agro-industrial sector and for achieving the goals set by the Strategy for the Development of agro-industrial and fisheries sectors imply a trend towards consolidation and integration of the industry through the growth of mergers and acquisitions. These processes should lead to improving efficiency of concentration and redistribution of industrial, technical, financial, labor and other resources of the subjects of integrated formations, an increase in maneuverability and efficiency in their use, as well as the introduction of innovative developments. Currently, mergers and acquisitions in the agro–industrial sector occupy a small share of about 6% in the total volume. However, there is a huge potential reserve in the field of vertical integration: due to high inflation and rising costs, agricultural holdings will be able to reduce corporate risks by controlling costs along the entire production chain. In modern conditions, the agro-industrial complex of Russia can develop successfully only if balanced relations are ensured between agriculture, processing sector and sale of products, as well as industries producing means of production for it.
Keywords: agro-industrial sector, mergers and acquisitions, consolidation, integration, sanctions, M&A transactions.

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