Cescon Barrieu Advises Grupo Fuganti and Agro Divel on Acquisition of Rodomac Tratores

"Cescon Barrieu advised Grupo Fuganti and Agro Divel on the acquisition of 100% of Rodomac Tratores by members of the Fuganti family; Martinelli Advogados advised the sellers. Closing is conditional on sellers approving a partial spin-off to segregate Rodomac’s real estate and on lease agreements for Rodomac’s head office properties. The deal doubles Agro Divel’s stores to 134 cities, covering about 800,000 hectares."

Cescon Barrieu advised Grupo Fuganti and Agro Divel Indústria, Comércio e Representações de Máquinas Agrícolas on the transaction; Martinelli Advogados advised the sellers. The transaction consists of the acquisition of 100% of Rodomac Tratores – Peças e Implementos by Eduardo Nery Fuganti, Clemes Maria Bevilácqua and Cássia Cristina Bevilácqua Fuganti Pereira, members of the Fuganti Group. As a condition precedent to closing, the sellers must approve a partial spin-off to segregate Rodomac’s real estate assets. The parties must also enter into, at closing, lease agreements for the properties where Rodomac’s head office and main headquarters are located. With the acquisition of Rodomac, Agro Divel, the concession arm of the Fuganti Group, doubled its number of stores and now serves 134 cities, covering approximately 800,000 hectares of crops, representing half of Santa Catarina’s agricultural area. Cescon Barrieu represented clients Grupo Fuganti and Agro Divel Indústria, Comércio e Representações de Máquinas Agrícolas with a team composed by: partners Manoela Darcy de Oliveira Miranda and Henrique Palma; associates Ana Paula Roberti Cristofolini, Italo Dantas and Daniel Paiva. Martinelli Advogados represented the sellers.

Cescon Barrieu Advises Grupo Fuganti and Agro Divel on Acquisition of Rodomac Tratores

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