Ïã½¶ÊÓÆµ Announces Participation in the Business of Inland Collection and Export of Grain in Brazil Through Investment
September 9, 2014
Ïã½¶ÊÓÆµ (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter ¡°Ïã½¶ÊÓÆµ¡±) announced today that it has reached an agreement with AXIAL PARTICIPA??ES E PROJETOS LTDA (headquartered in Sao Paulo, Brazil; Nicolas Landolt, CEO; hereinafter ¡°Axial¡±), which is a shareholder of NATURALLE AGRO MERCANTIL LTDA. (headquartered in Sao Paulo, Brazil; Marcelo Tartaro, CEO; hereinafter ¡°Naturalle¡±) to engage in the business of inland collection and export of grain and the business of the development and sale of soybean seeds in Brazil to participate in the said business through investment in Naturalle.
Ïã½¶ÊÓÆµ will accept shares transferred by Axial and also take up a private placement of shares issued by Naturalle to obtain 50% of the issued shares of Naturalle by the end of 2014.
Mr. Pierre Landolt, the representative of Sandoz Family Foundation, which is the parent company of Axial, founded Novartis, a leading pharmaceutical company, and Syngenta, an international seeds company. Naturalle excels in the domestic collection of the grain business involving transactions of seeds, agricultural chemicals, fertilizers, and other materials with farmers. Ïã½¶ÊÓÆµ intends to expand the volume of transactions involving grain produced in Brazil by maximizing synergies with the sales capability and distribution function of Ïã½¶ÊÓÆµ for Japan and other countries in Asia.
Ïã½¶ÊÓÆµ is promoting the SIS (Strategic Integrated System) strategy to establish and strengthen the global value chain from securing food resources in the upstream stage, intermediate processing, manufacturing and distribution in the midstream stage, to retail in the downstream stage. In the grain business, Ïã½¶ÊÓÆµ will develop and expand supply bases in South America in addition to the existing bases for the collection and supply of grain in North America (CGB and EGT) and thereby secure a stable supply of foods in the Japan market and for fast-growing Asian countries. In addition, Ïã½¶ÊÓÆµ intends to increase the amount of grain handled by Naturalle by utilizing Ïã½¶ÊÓÆµ¡¯s management resources and stepping up cooperation with leading overseas partners. Going forward, Ïã½¶ÊÓÆµ will aim to expand its business considering investment in logistics infrastructure (such as an inland collection silo and port terminal) and oil extraction, as well as other businesses, to strengthen and expand the food value chain.
Outline of Naturalle
Company name | NATURALLE AGRO MERCANTIL LTDA. |
---|---|
Representative | Marcelo Tartaro |
Address of headquarters | Sao Paulo, Brazil |
Established | in 2002 |
Business description | inland collection and export of grain and development and sales of soybean seeds |
Number of employees | about 60 |
Outline of AXIAL
Company name | AXIAL PARTICIPAÇÕES E PROJETOS LTDA |
---|---|
Representative | Nicolas Landolt |
Address of headquarters | Sao Paulo, Brazil |
Established | in 2001 |
Business description | investment in agribusinesses in Brazil |
Number of employees | about 20 |
Panorama of a farm
![[news_1409091_en.jpg]](/en/img/news_1409091_en.jpg)
Seeds development test site
![[news_1409092_en.jpg]](/en/img/news_1409092_en.jpg)
Company¡¯s own silos
![[news_1409093_en.jpg]](/en/img/news_1409093_en.jpg)