Deal #1063 | Version 50945 | Version 90762 |
---|---|---|
General info | ||
Size under contract (leased or purchased area) |
|
|
Size in operation (production) |
|
|
Comment on land area | In September 2002 Adecoagro enters the Argentine agricultural market with the acquisition of the company "Pecom Agropecuaria SA" and its more than 74,000 hectares of land. | En septiembre de 2002 ingresa al mercado de la agricultura arggentina con la adquisiciรณn de la empresa "Pecom Agropecuaria SA" y si mas de 74000 hectรกreas. |
Employment | ||
Investor info | ||
Comment on investment chain | Adeco Agropecuaria S.A. operates as a subsidiary of Adecoagro S.A. The company is based in Martรญnez, Argentina.
Adecoagro is controled by the Soros Fund Management (fundator) (and by U.S. hedge fund HBK Investments). It is Soros Fund Management's largest holding as of 6/30/2011. The purchase of Pecom Agropecuaria SA was Adecoagro's birth act. The holding expanded very rapidly purchasing farms and plants in Uruguay, Brazil and Argentine, alone or with asociates. In 2011, Adecoagro owns over 283 thousand hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 1 million tons of agricultural products including corn, wheat, soybeans, rice, dairy products, sugar, ethanol and electricity among others. In 2011, the company subscribes to Nasdaq and purchases a new 4960 ha farm in the argentinan province of Santiago del Estero. Adecoagro is located in Luxembourg for fiscality and in Buenos Aires for management. Among its shareholders appear: Pampas Humedas LLC, a Soros Fund Management LLC's fund (major shareholder with 22,8% in 2011) and Qatar Holding LLC (a "sovereign fund").
El negocio iniciรณ en 2002 con el financiamiento del 90% del negocio aportado por George Soros (USD 54 millones). Con ese dinero compraron campos de Pecom, una empresa de Pรฉrez Companc, y arrancรณ el negocio. Luego, en el 2003 se expandieron a Brasil. En el aรฑo 2016, Soros saliรณ completamente del negocio. En el 2018 el Fondo Soberano de Qatar y un fondo holandรฉs tenรญan cada uno un 13% de la empresa y el equipo de management, unos ocho ejecutivos, el 4%. | Adeco Agropecuaria S.A. opera como filial de Adecoagro S.A. La empresa tiene su sede en Martรญnez, Argentina. Adecoagro es controlado por la Administraciรณn de Fondos de Soros (fundador) (y por el fondo de cobertura de EE.UU. HBK Investments). Es la mayor participaciรณn de Soros Fund Management desde el 30/6/2011. La compra de Pecom Agropecuaria SA fue el acta de nacimiento de Adecoagro. El holding se expandiรณ muy rรกpidamente comprando fincas y plantas en Uruguay, Brasil y Argentina, solo o con asociados. En 2011, Adecoagro posee mรกs de 283 mil hectรกreas de tierras agrรญcolas y varias instalaciones industriales distribuidas en las regiones mรกs productivas de Argentina, Brasil y Uruguay, donde produce mรกs de 1 millรณn de toneladas de productos agrรญcolas, incluyendo maรญz, trigo, soja, arroz, productos lรกcteos, azรบcar, etanol y electricidad entre otros.
El negocio iniciรณ en 2002 con el financiamiento del 90% del negocio aportado por George Soros (USD 54 millones). Con ese dinero compraron campos de Pecom, una empresa de Pรฉrez Companc, y arrancรณ el negocio. Luego, en el 2003 se expandieron a Brasil. En el aรฑo 2016, Soros saliรณ completamente del negocio. En el 2018 el Fondo Soberano de Qatar y un fondo holandรฉs tenรญan cada uno un 13% de la empresa y el equipo de management, unos ocho ejecutivos, el 4%. |
Local communities / indigenous peoples | ||
Comment on materialized benefits for local communities | Corresponde a las actividades realizadas por la empresa en todas sus instalaciones en Argentina | |
Former use | ||
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Overall comment | Import of error check - Reviewer's overview comment: See cell AC (about the investor). The apparition of Adecoagro in the Argentina's agroindustrial scene and its phenomenal expansion in the region (Argentina, Uruguay, Brazil) is related to global new capitalist investment strategies, looking for values-refugies and at the same time for huge benefits. The grow of consumption in Chinese and India is converting the south of south america in a very strategic base for food production and a new wave of capitalist expansion (while other sectors are in crisis). | |
Meta | ||
Fully updated | No | Yes |
Locations | ||
Data sources | ||
Data source #tWuQwh9z | ||
File | ||
Type | Other | |
Url | ||
Keep PDF not public | No | |
Comment on data source | Website no longer available. | |
Data source #35JrmbpR | ||
Type | Other | Company sources |
Data source #AlRw2I4y | ||
File | ||
Type | Other | |
Url | ||
Keep PDF not public | No | |
Date | 2011-01-01 | |
Data source #gTbu_2Ts | ||
Type | Other | Company sources |
Publication title | Quiรฉnes Somos / Nuestra Historia | |
Data source #tfizGg7x | ||
Type | Other | Company sources |
Publication title | Nuestros Negocios / Agricultura - Granos | |
Data source #VxbyCjjf | ||
Type | Other | Company sources |
Publication title | Annual Report | |
Data source #RIGUby48 | ||
File | ||
Type | Other | |
Url | ||
Keep PDF not public | No | |
Data source #VuSMHhHZ | ||
File | ||
Type | Other | Media report |
Data source #Mc6bOufB | ||
File | ||
Type | Other | Media report |
Data source #qvI0bC4A | ||
Type | Other | Media report |
Publication title | Adecoagro planea seguir comprando campos en la Argentina y Uruguay | |
Data source #C0Lht50E | ||
Type | Other | Media report |
Publication title | Adecoagro invierte en arroz y se convierte en el principal productor | |
Data source #zThqBhCg | ||
Type | Other | Company sources |
Publication title | Nuestros activos | |
Data source #cNUwrzVk | ||
Type | Other | Company sources |
Contracts |