Adecoagro agrees to buy Raizen’s Caarapo sugar and ethanol mill for R$ 760 million
AGRO•Strategic fit and expected timing
Caarapó sits about 100 km from Adecoagro’s Angélica and Ivinhema mills; it produces sugar, ethanol and renewable energy.
Closing is expected before Oct. 1, 2026, subject to CADE clearance. Management expects Adjusted EBITDA accretion from day one.
Adecoagro to buy Caarapó mill from Raízen
Adecoagro agreed to buy Raízen’s Caarapó sugar and ethanol mill in Mato Grosso do Sul for an estimated R$ 760 million in cash.
The deal includes owned sugarcane and supply agreements; the mill processed about 3,500,000 tons of cane in the 2025/26 harvest.




