Adecoagro
Adecoagro is currently one of the leading companies in the production of food and renewable energy in South America. Present in Argentina, Brazil and Uruguay, our main activities include the production of grains, rice, oilseed, dairy products, sugar, ethanol, coffee and cotton. Since its creation in 2002, the company´s growth was based on the implementation of a sustainable efficient production model, working on its own land and managing risk through diversification. The human capital of Adecoagro is one of the most valuable assets of our company, which allows us to achieve management excellence thanks to its technical education level and the permanent training of our people.
Company details
Find locations served, office locations
- Business Type:
- Manufacturer
- Industry Type:
- Agriculture
- Market Focus:
- Internationally (various countries)
This company also provides solutions for other industrial applications.
Please, visit the following links for more info:
Corporate Profile
Adecoagro is currently one of the leading companies in the production of food and renewable energy in South America. Present in Argentina, Brazil and Uruguay, our main activities include the production of grains, rice, oilseed, dairy products, sugar, ethanol, coffee, cotton and cattle meat.
Since its creation in 2002, the company´s growth was based on the implementation of a sustainable efficient production model, working on its own land and managing risk through diversification.
The human capital of Adecoagro is one of the most valuable assets of our company, which allows us to achieve management excellence thanks to its technical education level and the permanent training of our people.
Over 4,000 people work directly and indirectly in the different locations in which the company is present, with the conviction of applying an environmentally responsible management and an investment strategy oriented to adding value through the industrialization of our production.
We have undertaken a strong long-term commitment towards local developments existing in the areas in which we carry out our business. This is why we emphasize the formation of work teams in each of the areas where our farms are located, providing continuous training from the beginning of their incorporation.
History
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. At that time, Pecom Agropecuaria was the third major agricultural company in Argentina and this purchase of shares turned out to be the biggest purchase in Latin America in 2002.
Adecoagro made an important transformation of the productive model with the purpose of optimizing land use and maximizing its potential. Agriculture was favored as the most important activity. In addition, the milking business was optimized, improving productivity per cow and business profitability.
The excellent operating results obtained allowed Adecoagro to move forward with its expansion plans, developing new businesses and diversifying our risk. In 2004 we started our regional expansion, purchasing a farm in one of the most productive areas in Uruguay, La Macarena. At the same time, we started discussing investment possibilities in Brazil, and finally launched in this country in 2005 with the purchase of three farms located in the Brazilian Cerrados.
In February 2006 we took the first step into the agroenergy business with the purchase of Usina Monte Alegre in Minas Gerais, Brazil. This plant processes 1 M tons of sugar cane for the production of sugar and ethanol.
In March of the same year we began the project Angélica Agroenergia, in Mato Grosso do Sul, Brazil. This plant startedmilling activities in mid-2008 and processes about 4 M tons. One more plants completes the sugar-alcohol project in Brazil and its´ contruction will begin in 2012. For 2015 it is expected that the plants will process over 11 million tons.
In August 2006 Alfenas Café is incorporated. Alfenas commercializes premium quality Brazilian coffee mainly for markets with high purchasing power like Europe and Japan. Our production and third-party production is channeled through this company.
In October 2006 we took a very important step into our coffee project with the purchase of Fazenda da Lagoa do Oeste. This farm is located on the west of Bahía and will be used for the production of quality coffee.
In January 2007 we also acquired 50% of Fazenda Mimoso for the project in Bahía. Here we will develop over 500 hectares of high quality coffee production under irrigation.
In March 2007 Adecoagro acquires the company Pilagá S.A. With this purchase we add 94,000 hectares of land, 2 rice mills and the well-known brand in the Argentine market: Molinos Ala
In July Adecoagro purchases La Alegría, a 2,500-hectare farm in Villegas, and another farm of 3,100 hectares in Uruguay called La Pecuaria. Both farms have an enormous transformation potential.
In August 2007 Adecoagro acquires La Lácteo, a dairy company located in the province of Córdoba. Founded in 1931, this dairy company has 2 milk processing plants and a total capacity of 150 Kliters a day for the production of cheese, milk, yoghurt and butter, among others.
In November Adecoagro partners with Agropur to industrialize the dairy business, using the expansion of La Lácteo as a platform. Agropur is an important Canadian dairy cooperative founded by producers in 1938. It is currently a leading company in Canada and one of the major dairy companies worldwide. The company´s sales exceed USD 2,3 trillion and it has an annual processing capacity of over 2 trillion liters of milk, offering and impressive complete product line, including well-known brands such as Québon, Oka, Sealtest, Yoplait and Natrel. Agropur consists of 3,939 members, 4,300 employees and 21 plants, as well as several distribution centers in Canada.
In December we acquire Santa Lucía, a 17,500-hectare farm in the area of Bandera, province of Santiago del Estero. This farm has over 12,000 agricultural hectares and approximately 3,500 of virgin woodland that will be preserved.
During the last week of December Adecoagro jointly with El Tejar purchases Agro Invest S.A. This company has 3 farms: Los Guayacanes in Las Lajitas, Salta, of 10,877 hectares; La Guarida in Los Juries, Santiago del Estero, of 15,451 hectares; and Las Palmas, south of Santa Fe, of 5,236 hectares.
Currently Adecoagro owns over 270,000 hectares in Argentina, Brazil and Uruguay. We are interested in continuing expanding in the region. For this purpose we keep searching for business opportunities that add value to the company.
Mission Statement
To become a leading global producer of food and renewable energy, offering shareholders and investors an attractive, stable, liquid and trustworthy investment alternative
How to achieve it
- Through an honest, trustworthy, highly qualified and empowered management team.
- Owning farmland and transforming it to the highest productivity and best use.
- Introducing cutting edge technology.
- Managing risk through geographic and portfolio diversification.
- Producing side-by-side with nature in the most sustainable way.
- Being the lowest cost producer in every commodity we produce.
- Being the most energy efficient in production and logistics.
- Effectively generating attractive and sustainable returns for our shareholders.
