Mitsui and ISK’s Joint Investment in Ouro Fino Quimica in Brazil

CGM Advogados and Lefosse advised on the deal

Mitsui & Co., Ltd., and Ishihara Sangyo Kaisha Ltd., have made the decision to jointly acquire 25% of shares of Ouro Fino Quimica Ltda, a Brazilian agrochemical company, and for this have signed a binding share purchase agreement with Ourofino, Mitsui agreeing to acquire 20% and ISK 5%.

Brazil is the world’s largest market for crop protection products, accounting for approximately 20% of the global market. Population growth especially in developing countries has shown to be a key driver of growth in the agricultural inputs market (including agrochemicals, fertilizers, seeds etc.), and it is expected that the Brazilian market will continue benefitting from this trend in the future.

Ourofino started its operations in 2010 and has developed top-notch formulations that meet the demanding needs of Brazil’s tropical climate. Through tireless efforts in gathering information on market needs and though its possession of sound expertise in developing outstanding formulations, Ourofino has successfully met the demand of Brazilian customers. Moreover, through continuous business expansions, Ourofino has substantially contributed to the improved performance of the Brazilian crop protection market.

By investing in this project, Mitsui and ISK intend to contribute to the expansion of Ourofino’s business in Brazil by inducing synergy with Mitsui’s assets around the world and by introducing ISK’s competitive products into Ourofino’s portfolio.

CGM Advogados advised Mitsui & Co., Ltd. and Ishihara Sangyo Kaisha, Ltd. with Adriano Raposo do Amaral Pinto Chaves, André Marques Gilberto, Victoria Malta Corradini, Beatriz Morganti Brandão, Marcia Issler Mandelbaum, Camila Magami Cardinale and Marcelo Ferreira Rosa Filho.

Lefosse advised Ouro Fino Química Ltda. with a team including Rodrigo Junqueira (Picture), Elen Lizas, Mirella Mie Abe, Lígia Padovani, Luana Torres, Marcos Duarte, Stefano Braga, Gustavo Paes and Jose Carlos Berardo.

Involved fees earner: Marcelo Ferreira Rosa Filho – CGM Advogados; Marcia Issler Mandelbaum – CGM Advogados; Camila Magami Cardinale – CGM Advogados; Victoria Malta Corradini – CGM Advogados; André Marques Gilberto – CGM Advogados; Beatriz Morganti Brandão – CGM Advogados; Adriano Raposo do Amaral Pinto Chaves – CGM Advogados; Mirella Abe – Lefosse; Rodrigo Junqueira – Lefosse; José Carlos Berardo – Lefosse; Stefano Braga – Lefosse; Marcos Duarte – Lefosse; Elen Lizas – Lefosse; Ligia Padovani – Lefosse; Gustavo Paes – Lefosse; Luana Torres – Lefosse;

Law Firms: CGM Advogados; Lefosse;

Clients: Ishihara Sangyo Kaisha, Ltd.; Mitsui & Co. Ltd; Ouro Fino Química Ltda.;


Author: Ambrogio Visconti.