Deal #3245

Location #1

Spatial accuracy level
Administrative region
Location
Magdalena, Colombia

Target country
Colombia

Land area

Size under contract (leased or purchased area, in ha)
[2006] 5300
Size in operation (production, in ha)
[2006] 5300
Comment on land area
The company implements a project called MIDAS with fund of USA. This project allows that smallholders grow eucalyptus for the company.

Intention of investment

Intention of investment
Timber plantation (for wood and fibre), Forest logging / management (for wood and fibre)

Nature of the deal

Nature of the deal
Pure contract farming
Comment on nature of the deal
With support from USAID, the company was fostering the implementation of silvopastoral system in ranches located in the Atlantic Coast of Colombia.

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)

Implementation status

Implementation status
[2014] Project abandoned
Comment on implementation status
It is not quite clear, but it seems that the company had started an insolvency process at the correspondent Colombian authorities.

Contract farming

Contract farming
Yes
On leased / purchased area (in ha)
[2010] 5260
On leased / purchased households
[2010] 1157
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
[2010] 5260
Not on leased / purchased farmers (out-grower)
1740
Not on leased / purchased households (out-grower)
1157
Comment on contract farming
The company has agreed with beef producers to start planting eucalyptus for silvopastoral systems. The producer will offer the land use and some workforce, while the company will support the outgrowers with credit management, technology, technical assistance and input purchases (economies of scale to reduce input costs). According to the program, the outgrowers would obtain 75% of the produce, while Madeflex would retain 25%. For smallholders this share raises to 80%

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of employees (domestic)
[2010-06-09] 1648

Operating company

Operating company

 

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
Date
2013-01-04

Data source #2

Data source type
Company sources
File
Date
2013-06-06

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Media report
Publication title
Otras 12 sociedades están en liquidación en Barranquilla
Date
2011-04-05

Consultation of local community

Community consultation
Free, Prior and Informed Consent (FPIC)

How did the community react?

Community reaction
Consent

Former land owner (not by constitution)

Former land owner
Private (smallholders)

Former land use

Former land use
Smallholder agriculture
Pastoralism

Former land cover

Former land cover
Forest land
Pasture
Shrub land/Grassland (Rangeland)
Marginal land

Detailed crop, animal and mineral information

Crops area
[2010] Eucalyptus (5260 ha)

Detailed contract farming crop and animal information

Contract farming crops
Eucalyptus

Use of produce

Has domestic use
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Madeflex started a sort of contract farming or outgrower project with support from USAID. The idea is to foster eucalyptus plantations in silvopastoral schemes at ranches in the Atlantic Coast of Colombia. The company will support the outgrowers with economies of scale, commercialization, access to inputs and others, while the producers will offer some workforce and the land use. The produce will be divided in the following form: 75% for the outgrower and the rest for Madeflex.

March 17, 2019, 12:20 p.m.

overwritten

This version

Compare with previous version

Feb. 28, 2019, 4:33 p.m.

overwritten

Show this version

Compare with previous version

March 1, 2016, 7:26 p.m.

overwritten

Show this version

Compare with previous version

June 14, 2013, 1:13 p.m.

overwritten

Show this version

Compare with previous version

Feb. 27, 2013, 11:09 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.