Negotiation was advised by Dupont Spiller Fadanelli Advogados
The Farroupil company Feltrin Sementes, with units in Caxias do Sul, Jaguariúna (SP), Janaúba (MG) and Argentina, was acquired by Syngenta, a multinational based in Switzerland and with Chinese capital. The sale of 100% of the company was signed this Monday (7/3). The negotiation was conducted by Dupont Spiller Fadanelli Advogados (DSF), from Caxias do Sul, together with Itaú BBA.
The value of the transaction was not disclosed. Due to the size of the deal, approval was required from the Administrative Council for Economic Defense (CADE), a federal agency that is part of the Brazilian System for the Defense of Competition. Employees and market are being communicated. The company's management will continue to be led by Edimilson Bagattini.
For José Fadanelli, lawyer and partner at DSF Advogados, a negotiation in these terms and volume is always a welcome challenge. "In transactions of this type, the important thing is to guarantee the legal security of the business, while seeking alignment between the interests of the buyer and the seller, generating value for all those involved", he reinforces.
Syngenta is a leader in the development of technologies for the agricultural market in the world. Present in more than 100 countries, it offers solutions and specialized support for farmers, especially in seeds, crop protection and digital services.
