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Deal #767 Version #49223

Brazil

Created at

2013-02-15

Last update

2020-09-06

Last full update

2020-09-06

Land area

Size under contract (leased or purchased area)

[2011] 1000000.0 ha
[2018, current] 221086.0 ha

Size in operation (production)

[2011] 100000.0 ha
[2018, current] 197208.0 ha

Comment on land area

The area in operation includes 87,398 thousands of hectares of eucalyptus plantations and the rest is composed of infrastructure, nurseries and reserves. Of the total area under contract, 4,900 thousands of hectares correspond to leased land.

Intention of investment

[2018, current] Timber plantation for wood and fiber (221086.0 ha)

Comment on intention of investment

eucalyptus plantations for cellulose production by Veracel

Nature of the deal

Outright purchase

Negotiation status

[2005, current] Concluded (Contract signed)

Comment on negotiation status

Fibria (a company of Votorantim Group) purchase part of active of Varacel in 2005 forming together with Stora Enso the company Varacel Fibria. Size increases subsequently in 2011 and 2018.

Implementation status

[2005, current] In operation (production)

Comment on implementation status

First in operation in 2005.

Contract farming

Yes

On leased / purchased

Yes

On leased area/farmers/households

[2018, current] 4900.0 ha

Comment on contract farming

Of the total area under contract, 4,900 thousands of hectares correspond to leased land.