BayWa, Germany’s largest agricultural trader, has reached an agreement with major shareholders and creditor banks for crucial steps toward its planned restructuring by 2027. This includes a capital increase of 150 million euros and strategic divestments to reduce debt exceeding 5 billion euros. BayWa plans to sell its 47.5% stake in RWA AG for 176 million euros and is also considering selling other subsidiaries. Additionally, the company announced the reduction of 1,300 jobs, affecting 16% of its workforce in Germany as it restructures to overcome a significant net loss of nearly 641 million euros in 2024.