Monsanto hires legal advisor to close down sugar-cane activities in Brazil
Monsanto contrata assessor jurídico para o encerramento das atividades de cana de açúcar no Brasil
Intel ID : 231085
| Synopsis |
|
US-based Monsanto, a company specialized in biotechnology applied to agriculture, announced it would close its operations in Brazil in the sugar-cane market at the beginning of October 2015 (see related intel). The company hired Demarest Advogados as its advisor for this operation, as reported by the company to TTRecord on 2 November 2015. The company carried out an intense commercial work and businesses with the most important players in the Brazilian sugar-cane industry, over the last few years, as well as large investments in R&D. This decision is part of Monsanto's global reorganization strategy. The plan's implementation began on 7 October 2015 and is expected to take up to six years before it is complete.
(content in portuguese)
A norte-americana Monsanto, empresa especializada em biotecnologia aplicada ao setor de agricultura, que anunciou que vai deixar o mercado de cana de açúcar brasileiro no início de outubro de 2015 (ver Intel relacionado), contratou o Demarest Advogados como assessor no encerramento dessa unidade de negócios, segundo informou o próprio assessor jurídico ao TTR em 2 de novembro de 2015. A empresa têm feito um trabalho comercial intenso com os mais importantes players do mercado de cana de açúcar brasileiro com quem manteve negócios nos últimos anos, além de grandes investimentos em P&D. Essa decisão é parte de uma estratégia mundial de reorganização da Monsanto. O plano começou a ser implementado a partir de 07 de outubro de 2015 e tem previsão de duração de até seis anos até a sua finalização. |
| Intel ID | 231085 | ||
| Value | ND | ||
| Native Currency |
Brazilian Real (BRL)
Exchange Rate: |
||
| Date |
|
||
| Country | ![]() |
||
| Region | |||
| Continent | ![]() |
||
| Geography | ![]() |
||
| Subsector (Old TTR Sectors) |
|
||
| Type |
|
||
| Intel Grade |
|
||
| Source |
|
||
| Tags | ![]() |
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
55.01.04 Crop Cultivation & Horticulture (Non-Perennial, Short-Lived or Temporary Crops) 55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting |
||
| Secondary Sectors (TTRSC) |
55.01.05 Crop Cultivation & Horticulture (Perennial, Long-Lived or Permanent Crops) 55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting 55.01.99 Other Agriculture & Fishing 55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Related Entity
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
55.02.01 Agricultural Chemicals 55 Raw Materials & Natural Resources / 55.02 Chemicals |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Legal Advisory
| Parties | Advisor | Type | Notes from Advisors | |||||
|---|---|---|---|---|---|---|---|---|
|
|
- | - |
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.