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News

03 JUL

Farmland acquisition in Argentina

The company has acquired a 1,250 hectares farm in La Pampa province

The farm has 1,200 productive agricultural hectares and it is located in the department of Conhello, close to "El Tigre" farm.

The total amount of the transaction was set at USD 4.5 million (USD 3,600 per hectare), of which USD 1.8 million has already been paid, and USD 1.35 million of the remaining balance will be paid in April 2024 and two installments of USD 675,000 each in December 2024 and 2025.