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> M&A Frenzy Scooping Up Fertilizer Shops in Brazil
Post by
JimToronto on Mar 17, 2023 12:06pm
M&A Frenzy Scooping Up Fertilizer Shops in Brazil
Big Ag Is in M&A Frenzy Scooping Up Fertilizer Shops in Brazil
(Bloomberg) -- A massive consolidation of mom-and-pop shops selling farm chemicals is underway in Brazil, a move that has the potential to smooth out a turbulent part of the food supply chain.
Big agribusinesses like Nutrien and Syngenta are stepping in to buy up parts of the fractured sector made up of thousands of small retail shops that sell everything from weedkiller to fertilizers directly to Brazilian farmers. For the first time, these behemoths will have control over the full journey of such products from port to farm.
https://www.bnnbloomberg.ca/big-ag-is-in-m-a-frenzy-scooping-up-fertilizer-shops-in-brazil-1.1832450
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