Shanghai Pengxin Group Co., Ltd.’s $253 Million Acquisition of Belagrícola and Landco

Demarest and Machado, Meyer, Sendacz e Opice have advised on the deal

Shanghai Pengxin Group Co., Ltd. has acquired 53,99% interest in Belagrícola Comércio e Representações de Produtos Agrícola Ltda. and 49% Interest in Landco Administradora de Bens e Imoveis Ltda. for $253 Million.

Shanghai Pengxin Group Co., Ltd., a conglomerate, through its subsidiaries, engages in real estate development, urban infrastructure construction, high-tech investment, and investment in industry and commerce businesses. The company, led by Lei Jiang, Honglin Xu, Fengwei Xu, Fuqiang Zhang and Xueqin Liu is based in Shanghai.

Demarest Advogados has advised Shanghai Pengxin Group Co., Ltd. with José Díaz (Picture), Lucas Tavares Bueno, Eloisa Curi, Bruno Drago, Fernando Vargas, Milena Mundim, Max Hasimoto, Camila Smith and Fernanda Harari.

Machado, Meyer, Sendacz e Opice has advised Belagrícola Comércio e Representações de Produtos Agrícola Ltda. with Arthur B. Penteado, Manuela Gentil Monteiro, Mariana Meditsch, Fernando Tonanni,  Bruno Gomes and  Bruno Nazar Bacchin.

 

Involved fees earner: José Setti Diaz – Demarest; Lucas Tavares Bueno – Demarest; Fernando Fracari Vargas – Demarest; Max Ide Hasimoto – Demarest; Camila Ornellas Smith de Vasconcellos – Demarest; Eloisa de Almeida Rego Barros Curi – Demarest; Bruno de Luca Drago – Demarest; Milena Fernandes Mundim – Demarest; Fernanda Harari – Demarest; Arthur Penteado – Machado, Meyer, Sendacz e Opice; Manuela Lisboa Gentil Monteiro – Machado, Meyer, Sendacz e Opice; Mariana Meditsch – Machado, Meyer, Sendacz e Opice; Bruno Nazar Bacchin – Machado, Meyer, Sendacz e Opice; Fernando Tonanni – Machado, Meyer, Sendacz e Opice; Bruno Gomes – Machado, Meyer, Sendacz e Opice;

Law Firms: Demarest; Machado, Meyer, Sendacz e Opice;

Clients: Shanghai Pengxin Group Co., Ltd.; belagricola comercio e representacao de produtos agricolas ltda;

 

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Author: Ambrogio Visconti.