Pinheiro Neto and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados have advised on the deal
EuroChem Group AG ("EuroChem" or the "Group"), a leading global agrochemical company, today announces the acquisition of a controlling interest (50%+1 share) in Fejjrtilizantes Tocantins, a leading fertilizer distribution company in Brazil.
The acquisition is in line with EuroChem's strategy to strengthen its presence in the fast growing Latin American fertilizer market. With Fertilizantes Tocantins' market expertise, blending facilities and established network of 2,000 customers, this acquisition will strengthen EuroChem's capabilities in the region.
Founded in 2003, Fertilizantes Tocantins is strategically located in Brazil's emerging fertile farming regions in the North, Northeast and Mid-West. It has delivered double digit sales growth for seven consecutive years, with fertilizer sales reaching 740,000 tonnes in 2015.
EuroChem is a leading global agrochemical company producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. The Group is vertically integrated with activities spanning from mining and hydrocarbons extraction to fertilizer production, logistics, and distribution. EuroChem is currently developing two sizeable potash deposits in Russia with its VolgaKaliy and Usolskiy Potash greenfield projects. Headquartered in Zug, Switzerland, the Group operates production and distribution facilities in Belgium, China, Kazakhstan, Lithuania, the United States and Russia and employs more than 23,400 people globally.
Pinheiro Neto Advogados represented EuroChem Group with Miguel Tornovsky, Jorge Lopes Jr, Joamir Müller Romiti Alves and Jenny Lu.
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados advised Fertilizantes Tocantins shareholders José Eduardo Motta and Adriana Araújo Motta with a team including Pedro Whitaker de Souza Dias, Andrea Bazzo Lauletta, Renata Fonseca Zuccolo Giannella, Rodrigo Arthur Egual de Carvalho, Cristina Rangel Maciel, Scylla de Moraes Barros Fucs and João Antonio Teixeira Madureira de Pinho
Involved fees earner: Pedro Whitaker de Souza Dias - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Rodrigo Arthur Egual de Carvalho - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Cristina Rangel Maciel - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Scylla de Moraes Barros Fucs - Mattos Filho Veiga Filho Marrey Jr & Quiroga; João Antonio Teixeira Madureira de Pinho - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Andréa Bazzo Lauletta - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Renata Fonseca Zuccolo - Mattos Filho Veiga Filho Marrey Jr & Quiroga; Miguel Tornovsky - Pinheiro Neto; Jorge Lopes Jr. - Pinheiro Neto; Joamir Muller Romiti Alves - Pinheiro Neto; Jenny Lu - Pinheiro Neto;
Law Firms: Mattos Filho Veiga Filho Marrey Jr & Quiroga; Pinheiro Neto;
Clients: Eurochem; José Eduardo Motta; Adriana Araújo Motta;