- Business
- Adecoagro S.A. Adecoagro S.A. is a Luxembourg-based agro-industrial company founded in 2002 that produces and sells food and renewable energy products across South America, with primary operations in Argentina, Brazil and Uruguay. The company operates through three main segments, including farming, which encompasses the production of grains and oilseeds such as soybeans, corn, wheat, peanuts, sunflowers and cotton; rice processing and marketing of white, brown and rough rice varieties; dairy products comprising raw milk, ultra-high temperature milk, powdered milk, semi-hard cheese, cream, flavored milk and other fluid milk items; and sugarcane cultivation for sugar, ethanol, biomethane and electricity generation via cogeneration from bagasse and biogas from dairy effluents. Its manufacturing activities include grain warehousing, conditioning, handling and drying services; land transformation through the acquisition and development of underdeveloped farmlands; and the sale of processed commodities to industrial buyers, food processors, retailers, fuel distributors and export markets, supported by approximately 215,000 hectares of owned land, 14 industrial facilities and four high-productivity free-stall dairy farms producing over 350,000 liters of milk daily. Adecoagro S.A. conducts its Sugar, Ethanol and Energy cluster in Brazil's Mato Grosso do Sul and Minas Gerais regions with mills such as Monte Alegre, Angélica and Ivinhema featuring continuous harvest models, enhanced crushing capacities and organic sugar production; its crops and rice businesses primarily in Argentina's Santa Fe, Córdoba, Entre Ríos and Pilar areas under brands like Molinos Ala; and dairy operations in Argentina with recent biodigesters for renewable energy. In recent developments, Tether Investments acquired a 70% controlling stake in April 2025 following an initial $100 million investment in September 2024, leading to board changes including Juan Sartori as Chairman and alignment with sustainable infrastructure goals; the company signed an agreement in September 2025 to acquire Nutrien Ltd.'s 50% interest in Profertil S.A., South America's largest granular urea producer with 1.3 million metric tons annual capacity, in partnership with ACA cooperative pending a right of first refusal; and it reported record Q3 2025 adjusted EBITDA of $115.1 million, advanced $96 million toward the Profertil deal as expansion capex, launched certified ethanol for sustainable aviation fuel, expanded rice processing with new plants, and continued deleveraging through dividends and note tenders.