There's a newer version of this deal. Click here to show the latest version.

Deal #1055

Location #1

Spatial accuracy level
Administrative region
Location
Santa Cruz, Argentina

Target country
Argentina
Comment on location
Santa Cruz, Fundo 8 de Julio and Fundo Ea. Del Carmen

Land area

Size under contract (leased or purchased area, in ha)
100911
Comment on land area
two estates: 8 de Julio, purchased in May 2007, and Carmen, purchased in September 2008; southern province of Santa Cruz.

Intention of investment

Intention of the investment
Livestock

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Operating company

Operating company
Comment on investment chain
Cresud Sacifya would be the Argentine’s biggest agricultural company by market value. In 2009, according to a source, the company owned 484,000 hectares (1.2 million acres) and leased 90,410 hectares in Argentina, Brazil, Paraguay and Bolivia. In Argentine, as of June 30, 2010, according to reuters, Cresud owned 24 farms with approximately 473,368 hectares. Approximately 42,008 hectares of the land it owns are used for crop production, approximately 93,222 hectares are for beef cattle production, 100,911 hectares are for sheep production, 4,900 hectares are for milk production and approximately 3,222 hectares are leased to third parties for crop and beef cattle production. The remaining 229,105 hectares of land reserve are natural woodlands. In addition, through its subsidiary Agropecuaria Anta S.A., it has the rights to hold approximately 132,000 hectares of land under concession for a 35-year period. During the fiscal year ended June 30, 2010 (fiscal 2010), it conducted its operations on 24 owned farms and 68 leased farms.

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Company sources
File
Comment on data source
Database from Cresud properties

Data source #2

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Media report
File

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
WOL (Wool)

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: About Cresud, see also row 738

Aug. 11, 2016, 9:41 p.m.

overwritten

Show this version

Compare with previous version

June 25, 2016, 12:42 a.m.

overwritten

Show this version

Compare with previous version

June 25, 2016, 12:25 a.m.

overwritten

Show this version

Compare with previous version

June 25, 2016, 12:24 a.m.

overwritten

Show this version

Compare with previous version

Aug. 12, 2015, 8:14 p.m.

overwritten

Show this version

Compare with previous version

Aug. 11, 2015, 12:51 a.m.

overwritten

Show this version

Compare with previous version

March 8, 2013, 8:34 p.m.

overwritten

This version

Compare with previous version

March 8, 2013, 8:33 p.m.

overwritten

Show this version

Compare with previous version

Feb. 15, 2013, 5:01 p.m.

active

Show this version

First version