Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Sumitomo Corp to acquire Brazilian agchem distributor

Japanese conglomerate Sumitomo Corporation has agreed to acquire a controlling 65% stake in Brazilian agricultural inputs distributor, Agro Amazônia Produtos Agropecuários (Cuiabá). The investment would provide Sumitomo an entry point for “multifaceted” distribution of products and services offered to farmers in the Brazilian agribusiness, Sumitomo says. Agro Amazônia distributes pesticides, seeds, fertilisers among other inputs largely in the Mato Grosso state, the major state for arable crop production, but also increasingly in neighbouring states. The company aims to more than double its revenues to over $500 million by 2019. The company employs almost 300 staff, and has 25 Brazilian sales outlets, all but two of which are in Mato Grosso state.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG021792

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel