Agricortes

What Agricortes does

Agricortes is a privately held, multi-brand distributor of agricultural, construction, forestry, environmental, logistics, and industrial machinery and equipment, headquartered in Leiria, Portugal, and operating since 1969. The company represents more than 30 international manufacturers — including Zetor (exclusive Portuguese distribution for 90-170 Hp tractors), Yanmar (compact tractors added in 2025), Solis, Zoomlion (added in 2023), Antonio Carraro, TYM, and a deep bench of Italian specialty equipment makers (NIBBI, CAMPAGNOLA, COMPACT, ENOROSSI, FIMAKS, LUCAS, OMARV, SFOGGIA, TORTELLA, GL1, FEMAC, F.LLI ANNOVI, LERDA) covering seeders, balers, shredders, pruners, and specialty attachments. The company does not manufacture its own technology; it earns revenue primarily through one-time equipment sales via its authorized dealer/concessionary network across Portugal, Spain, Angola, and Guinea-Bissau, supplemented by an e-commerce storefront (shop.agricortes.com), aftermarket parts and accessories, technical support and operator training services, and a financing partnership with BNP Paribas Leasing Solutions offering branded leasing campaigns.

Agricortes organizes its offering across six verticals: Agriculture (the primary segment), Forestry, Construction, Environment, Logistics and Lifting, and Motors and Parts. Customers range from individual smallholder farmers and SMB contractors purchasing through local dealers, to mid-market agricultural enterprises such as Herdade do Sobroso (1,600-hectare wine and cork operation with a Solis 90XL fleet), enterprise agribusiness groups like Lusiaves via Made Better Lda (MultiOne multifunction equipment for photovoltaic panel cleaning), and government/municipal accounts including the Albufeira beach maintenance contract using Metaljonica beach cleaners. Go-to-market combines a bottom-of-funnel dealer/concessionary channel, mid-funnel website and customer-testimonial content (including video case studies), and top-of-funnel event participation at Portuguese fairs (FNA, Expojardim, Expoflorestal).

The business is structured as AGRICORTES – Comércio de Máquinas e Equipamentos, SA (Portugal parent) with three wholly-owned subsidiaries: AGRICORTES ESPAÑA, SL (Alcorcón, Madrid), AGRICORTES DE LUANDA – Desenvolvimento Agrícola, Industrial e Urbano, Lda (Viana, Angola), and AGRICORTES BISSAU – Máquinas e Equipamentos, SARL (Bissau, Guinea-Bissau). The company is privately held with no disclosed external investment, and revenue is not publicly disclosed.

Name

Agricortes

Legal name

AGRICORTES – Comércio de Máquinas e Equipamentos, SA

Website

https://agricortes.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

51–100 employees

Short description

Agricortes is a privately held Portuguese multi-brand distributor of agricultural, construction, forestry, and industrial machinery, representing 30+ international brands through dealers in Portugal, Spain, Angola, and Guinea-Bissau since 1969.

Ownership category

akta.pro rank

Headquarters

HQ city

Leiria

HQ country

Portugal

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales: Sale of agricultural, construction, forestry, and industrial machinery and equipment from multiple international brand partners including Zetor, Yanmar, Solis, Zoomlion, Antonio Carraro, TYM, and specialty equipment manufacturers.
2. Financing Services: Agricultural equipment financing solutions provided in partnership with BNP Paribas Leasing Solutions, offering customized campaigns and leasing options for equipment purchases.
3. Parts and Accessories: Sale of spare parts, accessories, and consumables for the distributed equipment through online shop platform.
4. Professional Services: Technical support, maintenance services, and operator training for distributed machinery.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Agricortes is a multi-brand distributor and importer of agricultural, construction, forestry, environmental, logistics and industrial machinery and equipment for the Iberian Peninsula and African Portuguese-speaking markets. The company sells tractors, harvesting equipment, tillage and soil-preparation machinery, balers, sprayers, beach cleaners, forklifts, spare parts and related accessories sourced from 30+ international manufacturers, supported by dealer-based sales, technical service, operator training and equipment financing through BNP Paribas Leasing Solutions.

Product overview

Agricortes is a professional services company in the agricultural machinery and equipment sector, established in 1969. The company operates as a multi-brand distributor representing numerous international manufacturers of agricultural equipment across Portugal, Spain, and African Portuguese-speaking countries. The product portfolio is organized into six main categories: Agriculture (tractors and farming equipment), Environment, Construction, Forestry, Logistics and Lifting, and Motors and Parts. Key represented brands include Zetor, Yanmar, Zoomlion, Antonio Carraro, Solis, and TYM for tractors; NIBBI, CAMPAGNOLA, COMPACT for specialized equipment; ENOROSSI, FIMAKS, LUCAS, OMARV for forage and feeding equipment; SFOGGIA for precision seeders; GL1, TORTELLA, FIMAKS for soil preparation and shredding equipment; LERDA for balers; and FEMAC, F.LLI ANNOVI for specialized attachments. The company also offers complementary services including BNP Paribas financing solutions, an online shop (shop.agricortes.com), used equipment sales, and participation in agricultural exhibitions including FNA, Expoflorestal, and Expojardim.

Differentiator

Problem solved

Functional benefit

Products and services

• Agricultural Machinery and Equipment Full range of agricultural machinery including tractors, soil preparation equipment, seeding and planting equipment, forage equipment, pruning and harvesting tools, and specialized attachments distributed across the Iberian Peninsula and African Portuguese-speaking countries.
• Zetor Tractors Zetor tractor brand distributed by Agricortes in Portugal, with models ranging from 90-170 Hp suited for agriculture, forestry, municipal and logistics applications; Czech manufacturer with 85+ years of history and more than 1.3 million tractors produced since 1946.
• Yanmar Tractors Compact tractors distributed by Agricortes in Portugal, featuring mechanical or hydrostatic transmissions with ergonomic design for agricultural, municipal and landscaping applications.
• Zoomlion Earth-Moving Equipment Earth-moving and construction machinery from Zoomlion distributed in Portugal, used for site preparation, excavation and construction applications.
• Antonio Carraro Tractors Isodiametric compact tractors specialized for fruit and wine agriculture, distributed by Agricortes; Italian manufacturer with roots dating to 1910 producing 4-wheel equal-sized compact tractors for specialized crops.
• Solis Tractors Solis tractor models including 75XL ROPS and 90XL Cab distributed by Agricortes, recognized as a sales leader in 2023, used in forestry, vineyard and livestock farming applications.
• TYM Tractors TYM tractor brand distributed by Agricortes for small to medium power agricultural applications.
• NIBBI Small Power Machines Italian-manufactured small power machines including motocultivators, power harrows, weeders, trailers, irrigation pumps and related accessories for small-scale and specialty farming.
• CAMPAGNOLA Pruning and Harvesting Systems Pneumatic, electromechanical, endothermic and manual systems for simplified pruning and harvesting in vineyards, orchards and fruit crops.
• COMPACT Pruning and Harvesting Platforms Self-propelled machines for fruit pruning and harvesting, adapted for orchards with slopes up to 35%, available in three versions.
• ENOROSSI Forage Equipment Italian hay and forage equipment including comb, drum and disc mowers, tedders and balers for forage operations.
• ENRIA Round Bale Wrappers Italian round bale plastic wrappers for silage technique, available in various models for different bale sizes.
• FIMAKS Forage and Unifeed Equipment Turkish agro-industrial equipment including forage harvesters, maize harvesters, vertical and horizontal unifeed mixers, stationary mixers and rectangular balers.
• LERDA Balers Italian rectangular balers for vineyard pruning residues and narrow round balers designed for tight rural paths.
• LUCAS Unifeed Machines Italian silage unloaders, mixers, distributors and self-propelled unifeed machines for livestock feeding operations.
• OMARV Forage Cutters Italian grass and agricultural forage cutters with working widths from 1.10 to 1.80 meters.
• SFOGGIA Precision Seeders and Planters Italian precision pneumatic seeders, horticultural seeders, cereal seeders and various transplanters for different crop types.
• TORTELLA Trenchers and Shredders Italian trenchers, rotary tillers, rotary hoes, shredders, inter-row cultivators and combined soil-preparation solutions.
• GL1 Shredders Italian mulching shredders, reversible shredders, lateral shredders and collection shredders across Elegance, Fibra MVS, Flex, Land, Park and Speedy product lines.
• FEMAC Ditch Diggers Italian hydraulic trenchers and ditch diggers for various tractor types with different series for different power requirements.
• F.LLI ANNOVI Manure Spreaders Italian manure spreaders designed for small vineyards and orchards, specifically built for narrow row applications.
• Equipment Financing via BNP Paribas Leasing Solutions Customized equipment financing and leasing campaigns offered through BNP Paribas Lease Group, S.A., marketed under AGRICORTES branding to support agricultural, construction and forestry equipment purchases.
• Used and Pre-Owned Equipment (Ocasião) Pre-owned and demonstration agricultural equipment from Agricortes's represented brands available for resale, including tractors and specialty machinery.
• Agricortes Online Shop - Spare Parts and Accessories E-commerce platform at shop.agricortes.com selling spare parts, accessories and consumables for the distributed equipment brands.
• Technical Support, Maintenance and Operator Training Technical support, maintenance services and operator training provided for distributed machinery through Agricortes's sales team and authorized dealer/concessionary network.

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• YanmarcoreChannel Partner/ Reseller/ Distributor · 1 January 2025Distribution partnership for Yanmar compact tractors in Portugal. Yanmar returns to the compact tractor market in 2025 through AGRICORTES distribution, combining Yanmar's engine expertise with compact, agile tractor chassis.
• ZoomlionminorChannel Partner/ Reseller/ Distributor · 1 January 2023Distribution partnership for Zoomlion earth-moving machinery in Portugal, entered in 2023. Alliance based on shared values, focused on construction and earth-moving equipment.
• ZetorcoreChannel Partner/ Reseller/ DistributorExclusive distribution partnership for Zetor tractors (90-170 Hp) in Portugal. Zetor is a Czech tractor manufacturer with 85 years of history and over 1.3 million tractors produced since 1946, distributed to more than 130 countries. The partnership celebrates both companies' milestones (AGRICORTES 50 years, Zetor 85 years).
• António Carraro SpacoreChannel Partner/ Reseller/ DistributorDistribution partnership for António Carraro specialized isodiametric compact tractors (Serie A) for fruit and wine agriculture. The Italian manufacturer, with roots dating to 1910, specializes in 4-wheel equal-sized compact tractors for specialized agriculture.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kubota: Japanese tractor and compact equipment manufacturer with growing European footprint. Directly competes with Agricortes's Solis, Yanmar, and TYM compact tractor offerings in the same Iberian customer segments.
• SDF Group (Same Deutz-Fahr): Italian-headquartered tractor and harvester manufacturer (Same, Deutz-Fahr, Lamborghini Trattori) with direct European dealer networks. Competes with Agricortes's represented brands (Zetor, Solis, Antonio Carraro) for the same Iberian and small-power tractor customer base.
• Antonio Carraro: Italian specialty isodiametric tractor manufacturer (Serie A for vineyards/orchards) represented by Agricortes. Acts as both supplier and competitor as Antonio Carraro runs its own distribution in other markets overlapping with Agricortes's specialty-ag focus.
• Mahindra & Mahindra (Farm Equipment): Indian tractor OEM (parent of Solis/ITL) with growing global distribution. Directly relevant as the manufacturer behind one of Agricortes's best-selling brands (Solis 75XL/90XL) and a comparable size tier internationally.

Broad incumbents

• John Deere: Largest global agricultural equipment manufacturer with a fully owned Iberian and selective African dealer network. The dominant incumbent across tractors, harvesting, and smart farming that Agricortes competes against.
• CLAAS: German agricultural machinery specialist focused on harvest equipment and tractors, with established Iberian dealer networks. Comparable to Agricortes's broader equipment distribution footprint for mid-to-large farms.
• AGCO Corporation: Global agricultural equipment manufacturer (Fendt, Massey Ferguson, Valtra) operating its own dealer networks across Iberia. Overlaps with Agricortes's core tractor and farm machinery portfolio at the broader incumbent level.
• CNH Industrial: Parent of Case IH and New Holland Agriculture with extensive European dealer networks. Competes with Agricortes across tractors, harvesting, and construction (CASE CE) equipment with strong brand and direct distribution.

Others

• STIHL: German power tools and forestry/outdoor equipment manufacturer with extensive Iberian dealer networks. Overlaps with Agricortes's forestry (CAMPAGNOLA pruning, chainsaws) and environment segments through shared dealer channel dynamics.
• Kramp Groep: Netherlands-based agricultural parts and accessories wholesaler serving European dealers. Highly comparable as an ecosystem peer to Agricortes's motors-and-parts distribution layer and aftermarket business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AGRICORTES
• Facebookfacebook.com/agricortes.sa
• LinkedInlinkedin.com/company/agricortes-sa

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agricortes