Deal history comparison #779

Previous version (126721)

Selected version (126722)

Location #1

Spatial accuracy level
Administrative region
Location
Ivinhema - Mato Grosso do Sul, Brazil

Target country
Brazil
Comment on location
Mato Grosso do Sul

Location #1

Spatial accuracy level
Administrative region
Location
Ivinhema - Mato Grosso do Sul, Brazil

Target country
Brazil
Comment on location
Mato Grosso do Sul

Land area

Size under contract (leased or purchased area, in ha)
[2013] 55000
Comment on land area
.According to its website (http://www.adecoagro.com/index.php?idioma=ingles&seccion_generica_id=128) Adeagro owns over 270 000 ha in Argentina, Brazil, Uruguay and wants to expand itself. In 2005, Adeagro purchased three farms in the brazilian Cerrados. In 2006, it bought a coffee farm in the western Bahia; in 2007 it acquired 50% of other coffee farm. In 2008, Adeagro opened a sugar rafinery in Mato Grosso do Sul, which transform the produce of 55 000 ha, part of which is its own property. The same as in other sugar rafinery in Minas Gerais, which processes 14 000 ha.

Intention of investment

Intention of investment
Biofuels, Food crops

Negotiation status

Negotiation status
[2005] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Land area

Size under contract (leased or purchased area, in ha)
[2013] 55000
Comment on land area
.According to its website (http://www.adecoagro.com/index.php?idioma=ingles&seccion_generica_id=128) Adeagro owns over 270 000 ha in Argentina, Brazil, Uruguay and wants to expand itself. In 2005, Adeagro purchased three farms in the brazilian Cerrados. In 2006, it bought a coffee farm in the western Bahia; in 2007 it acquired 50% of other coffee farm. In 2008, Adeagro opened a sugar rafinery in Mato Grosso do Sul, which transform the produce of 55 000 ha, part of which is its own property. The same as in other sugar rafinery in Minas Gerais, which processes 14 000 ha.

Intention of investment

Intention of investment
Biofuels, Food crops

Negotiation status

Negotiation status
[2005] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Operating company

Comment on investment chain
(See cell F) According to the first source (cell AI), Adeagro is George Soros' enterprise. In a report about agrofuels in Brazil (http://www.fian.org/resources/documents/others/agrofuels-in-brazil/pdf) FIAN says that it is "a fund coordinated by Goerges Soros".

Operating company

Operating company
Comment on investment chain
Angélica Agroenergia Ltda. merged with Ivinhema Agronergia S.A. (f.k.a. Amandina Agroenergía Ltda.). Its new name is Adecoagro Vale do Ivinhema Ltda. (see Annual Report 2011, P. 121f.); (See cell F) According to the first source (cell AI), Adeagro is George Soros' enterprise. In a report about agrofuels in Brazil (http://www.fian.org/resources/documents/others/agrofuels-in-brazil/pdf) FIAN says that it is "a fund coordinated by Goerges Soros".

Data source #1

Data source type
Media report
File
Date
2011-01-01
Comment on data source
"The Cerrado: Brazil’s other biodiverse region loses ground", by Fred Pearce, Yale e360 | 14 April 2011

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2013-01-14

Data source #1

Data source type
Media report
File
Date
2011-01-01
Comment on data source
"The Cerrado: Brazil’s other biodiverse region loses ground", by Fred Pearce, Yale e360 | 14 April 2011

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2013-01-14

Former land use

Comment on former land use
Thomas Siron: Same comment as case 773, agricultural frontier context described in a lot a national and international reports.

Former land use

Comment on former land use
Thomas Siron: Same comment as case 773, agricultural frontier context described in a lot a national and international reports.

Detailed crop, animal and mineral information

Crops area
Coffee Plant, Corn (Maize), Cotton, Soya Beans, Sugar (unspecified)

Use of produce

Has export
Yes

Detailed crop, animal and mineral information

Crops area
Coffee Plant, Corn (Maize), Cotton, Soya Beans, Sugar (unspecified)

Use of produce

Has export
Yes

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: The company owns over 270 000 ha in Argentina, Brazil and Uruguay and owns sugar rafineries, ethanol fabrics, rice mills, dairy farms and fabrics, sometimes properly and sometimes with partners (like El Tejar in Argentina).

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: The company owns over 270 000 ha in Argentina, Brazil and Uruguay and owns sugar rafineries, ethanol fabrics, rice mills, dairy farms and fabrics, sometimes properly and sometimes with partners (like El Tejar in Argentina).