Scribd
Upload
32 views2 pages

Mitsui Subsidiary Sells Land To Brazil's SLC Agrícola - Latin Lawyer

Mitsui's subsidiary Agrícola Xingu has sold a 360-square-kilometre area of land in Brazil to SLC Agrícola for 913 million reais (US$159 million), with the deal facilitated by TozziniFreire Advogados. This acquisition will support SLC's agricultural activities, including the cultivation of soybean, cotton, and corn. This transaction marks SLC's second land deal in 2025, following a previous acquisition of 6,600 square kilometres from Terra Santa.

Uploaded by

Biblioteca tcmb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
32 views2 pages

Mitsui Subsidiary Sells Land To Brazil's SLC Agrícola - Latin Lawyer

Mitsui's subsidiary Agrícola Xingu has sold a 360-square-kilometre area of land in Brazil to SLC Agrícola for 913 million reais (US$159 million), with the deal facilitated by TozziniFreire Advogados. This acquisition will support SLC's agricultural activities, including the cultivation of soybean, cotton, and corn. This transaction marks SLC's second land deal in 2025, following a previous acquisition of 6,600 square kilometres from Terra Santa.

Uploaded by

Biblioteca tcmb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

4/3/25, 7:11 PM Mitsui subsidiary sells land to Brazil’s SLC Agrícola - Latin Lawyer

Mitsui subsidiary sells land to Brazil’s SLC Agrícola


Maya Kendall Shah
28 March 2025

Credit: Shutterstock/Fotokostic

TozziniFreire Advogados has helped Brazilian agribusiness and grain producer SLC Agrícola acquire land assets from
Japanese counterpart Agrícola Xingu – a subsidiary of Mitsui – for 913 million reais (US$159 million).

Agrícola Xingu relied on Tauil & Chequer Advogados in association with Mayer Brown in the deal, which closed on 14
March.

The Brazilian grain producer will use the land for its agricultural activities, such as soybean, cotton and corn cultivation.

The 360-square-kilometre area of land is situated between the towns of Correntina in Bahia and Unaí in Minas Gerais.

This is SLC’s second land deal so far this year. The company recently acquired 6,600 square kilometres of land from local
counterpart Terra Santa for 753 million reais (US$130 million), which included five properties belonging to Terra Santa,
located in Mato Grosso.

SLC and Agrícola Xingu have been active in Latin America's agribusiness sector recently through other deals. The Japanese
company divested the Fazenda III and Fazenda Reserva Tabuleiro III farms – located in the northern Brazilian state of Piauí –
to SLC in 2023. Tauil & Chequer advised that time too.

Based in Porto Alegre, SLC Agrícola is one of the largest Brazilian agribusinesses and is publicly traded on São Paulo’s B3
stock exchange.

Agrícola Xingu’s parent company Mitsui regularly invests in companies doing business in Latin America.

In January, the conglomerate formed part of a group of lenders which granted US$195 million in financing to a subsidiary of
Australian asset manager Macquarie to fund its acquisition of a stake in a pipeline operator in Mexico. This came just days
after it joined a syndicate of lenders that increased an existing credit facility to US$2.5 billion, for Texas-based Aligned Data
Centres to fund its acquisition of Latin America-focused counterpart ODATA from Brazilian investor Patria.

Counsel to SLC Agrícola

In-house counsel – Raquel Ruschel

TozziniFreire Advogados

https://latinlawyer.com/article/mitsui-subsidiary-sells-land-brazils-slc-agricola 1/2
4/3/25, 7:11 PM Mitsui subsidiary sells land to Brazil’s SLC Agrícola - Latin Lawyer

Partners Luiz Renato Okumura and Cauê Jorge de Almeida, and associates Julia Helena de Noronha Sampaio, Natália
Marques de Araújo Ramos and Luis Pedro Matos França

Counsel to Agricola Xingu

In-house counsel – Marília Widar

Tauil & Chequer Advogados in association with Mayer Brown

Partners Victor Galante, Ludmila Braga and Luciana Sodré, and associates Luiza Uebel, Laís Palma and Luiz Menezes

Maya Kendall Shah


News Reporter
Latin Lawyer
[email protected]

View full biography

Copyright © Law Business Research Company Number: 03281866 VAT: GB 160 7529 10

https://latinlawyer.com/article/mitsui-subsidiary-sells-land-brazils-slc-agricola 2/2

You might also like