Adecoagro Closes $136M Caarapó Mill Deal, Expands Brazil Sugar Cluster
Luxembourg – September 07, 2026 -- Adecoagro S.A. (NYSE: AGRO) has completed its acquisition of the Caarapó sugar mill from Raízen Group for R$705 million (approximately US$136 million), paid in cash at closing, following the deal first announced on July 20, 2026.
Deal values crushing capacity at $39 per ton
Based on Caarapó's crushing volume of 3.5 million tons during the 2025/26 harvest, the transaction implies a purchase price of roughly US$39 per ton of crushing capacity. The mill, now under Adecoagro's ownership and management, has installed capacity to process 6 to 7 million tons of cane annually, well above recent throughput levels.