Deal #1063 | Version 50945 | Version 90762 |
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General info | ||
Size under contract (leased or purchased area) |
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Size in operation (production) |
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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 adquisici贸n de la empresa "Pecom Agropecuaria SA" y si mas de 74000 hect谩reas. |
Employment | ||
Investor info | ||
Comment on investment chain | Adeco Agropecuaria S.A. operates as a subsidiary of Adecoagro S.A. The company is based in Mart铆nez, 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 inici贸 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 P茅rez Companc, y arranc贸 el negocio. Luego, en el 2003 se expandieron a Brasil. En el a帽o 2016, Soros sali贸 completamente del negocio. En el 2018 el Fondo Soberano de Qatar y un fondo holand茅s ten铆an 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 Mart铆nez, Argentina. Adecoagro es controlado por la Administraci贸n de Fondos de Soros (fundador) (y por el fondo de cobertura de EE.UU. HBK Investments). Es la mayor participaci贸n 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 expandi贸 muy r谩pidamente comprando fincas y plantas en Uruguay, Brasil y Argentina, solo o con asociados. En 2011, Adecoagro posee m谩s de 283 mil hect谩reas de tierras agr铆colas y varias instalaciones industriales distribuidas en las regiones m谩s productivas de Argentina, Brasil y Uruguay, donde produce m谩s de 1 mill贸n de toneladas de productos agr铆colas, incluyendo ma铆z, trigo, soja, arroz, productos l谩cteos, az煤car, etanol y electricidad entre otros.
El negocio inici贸 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 P茅rez Companc, y arranc贸 el negocio. Luego, en el 2003 se expandieron a Brasil. En el a帽o 2016, Soros sali贸 completamente del negocio. En el 2018 el Fondo Soberano de Qatar y un fondo holand茅s ten铆an 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 | Qui茅nes 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 |