In September 2020, Grupo JD, based in Sao Paulo, Brazil, executed a share purchase agreement for the sale of its agribusiness operations, Fazendas São Marcelo, focused on cattle raising and commercialization, to one of the leading Brazilian farmers, Agropecuária Jacarezinho. Agropecuária Jacarezinho is an investment of the controlling shareholders of Marfrig S.A, a leading global animal protein group.
Duff & Phelps served as the exclusive M&A advisor to Grupo JD.
About Fazendas São Marcelo
With four units and a total area of more than 30 thousand hectares in the State of Mato Grosso, Brazil, Fazendas São Marcelo represents the group’s investments in cattle raising activities. Innovation, sustainable practice, and environmental awareness have turned Fazendas São Marcelo into a reputable cattle raising group. Fazendas São Marcelo is the world’s first cattle farm to have a Rainforest Alliance certificate. Choaib Paiva e Justo Advogados Associados served as legal counsel to Fazendas São Marcelo.
About Agropecuária Jacarezinho
Agropecuária Jacarezinho is a Brazilian player in the agribusiness sector. Listed among the largest farms in Brazil, with more than 45 thousand hectares, Agropecuária Jacarezinho is a leader in the segment of semen production and artificial insemination, as well as bovine selection. Agropecuária Jacarezinho is an investment of the controlling shareholders of Marfrig S.A., a global leader in animal protein.
Alexandre Pierantoni
Managing Director
Mergers and Acquisitions (M&A) Advisory
Sao Paulo
