Agromoz #38685

Created
2015-06-30
Last update
2020-09-14
Name
Agromoz
Country of registration/origin
Mozambique
Classification
Private company
Investor homepage
Opencorporates link
Comment
Current investor status unknown. In 2018 USAID UKAID backed a request for investment (http://invest.apiex.gov.mz/wp-content/uploads/sites/4/2019/07/Agromoz.pdf), possibly following the disinvestment from the Amorim subsidiaries. AgroMoz is reported to be a joint venture between the Grupo Américo Amorim of Portugal, a holding company of Portugal's richest man Américo Amorim, and Intelec, which the US embassy has described as "an investment vehicle for President Guebuza". The Pinesso Group of Brazil, which operates farms on over 180,000 ha in Brazil and 22,000 ha in Sudan, handles the agricultural operations, but it is not clear if they also own a share in the company. Information from company registry documents and employee websites suggests that AgroMoz is in fact part of AGS Moçambique, SA., a Mozambican company owned by two Portuguese subsidiaries of Grupo Amorim (Solfim SGPS and Sotomar - Empreendimentos Industriais e Imobiliários, S.A.) and ESF Participaçoes, a subsidiary of ESF Investimentos, which is owned by Intelec and SF Holdings, both of them headed by Guebuza's main business partner Salimo Abdula. (https://www.grain.org/article/entries/5137-the-land-grabbers-of-the-nacala-corridor) The Amorim Group seems to have disinvested from Agromoz (https://www.legal500.com/c/portugal/oporto-leading-commercial-firms/)