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Joint Ventures

Learn about our joint venture structure

As part of our growth strategy, we establish strategic partnerships through land leases or agricultural collaborations, aiming to expand our operations and strengthen our presence in the agribusiness sector. These partnerships combine agricultural innovation, efficiency and expertise, driving scale, diversification, and sustainable value in soybean, corn, and cotton production.

 

Joint venture with Soares for agricultural production, operating in Mato Grosso at Pioneira Farm, without any land investment. This partnership offers a growth alternative with low capital requirements and attractive return rates.

  • Leased arable land spanning 39,028 hectares in Querência (MT)
  • Lease duration of 20 years
  • SLC-Penido operates the land and pays the lease to Soares Penido
  • Profits and investments are split equally, with each party receiving 50%
  • SLC Agrícola is compensated for managing this operation
See map SLC-PENIDO

 

Joint venture with Agropecuária Rica, a company within the RZK Group, focused on agricultural production (no land investment) at Preciosa Farm in Mato Grosso. This is a high-value strategic partnership.

  • 11,494 hectares of arable land in Querência (MT) owned by the RZK Group
  • Profits and investments are allocated with 55% to SLC Agrícola and 45% to RZK Group
  • Period of 10 years, which can reach 15 years
  • SLC Agrícola is compensated for managing this operation
See map SLC-RZK

SLC-BTG

Association Agreements with Private Equity Investment Funds aimed at the acquisition and leasing of agricultural land, investments in irrigation systems and infrastructure, and the execution of rural partnership agreements.

  • Private Equity Investment Funds (FIPs) managed by BTG Pactual Serviços Financeiros S.A. Distribuidora de Títulos e Valores Mobiliários;
  • Formation of special purpose entities (SPEs): 50.01% held by SLC Agrícola and 49.99% by the FIPs;
  • SLC Agrícola will subscribe capital through the contribution of assets, including Fazenda Piratini, located in the State of Bahia;
  • The other partners will contribute cash capital, in proportion to their respective ownership interests, totaling approximately R$1.033 billion (R$914 million paid upfront and R$119 million in the second half of 2026);
  • The remuneration of the SPEs will correspond to approximately 19% of the agricultural production from the areas covered by the partnership;
  • Initial term of 18 years.
  • Material Fact on 11/06/2025.