SLC – Penido/ Pioneira Farm

As in the case of the joint venture with the Soares Penido Group, this joint venture is directed only to agricultural production (without investment in land). This is a highly strategic partnership, because it is a partnership with one of Japan’s largest business groups, Mitsui&Co.

General outline of the Business:

• The Soares Penido group offers 20,000 hectares in the municipality of Querência (MT)
• The joint venture operates the land and pays leases to the Soares Penido Group
• Profits and investments are divided in to the ratio of 50% for each party
• Period of 15 years
• SLC Agrícola receives remuneration for the management of this operation
• Planted Area 2021/22: 34,261 ha (15,167 / 2nd harvest)