SLC Agrícola (SLCE3) completed in 2026 the acquisition of the portfolio of rural properties known as “Bloco Mato Grosso”, from Grupo Radar, for a total value of R$ 669,040,691.67. The acquired area totals 11.1 thousand hectares, of which approximately 8.9 thousand hectares are arable and allocated to agricultural production, while around 2.2 thousand hectares correspond to preservation areas and operational support.
Of the total value of the transaction, R$ 24.9 million refers to existing infrastructure on the properties, according to the appraisal report, and R$ 644.1 million corresponds to bare usable/arable land, which represents approximately R$ 72.3 thousand per arable hectare. The company reported that the transaction was approved, without restrictions, by the Administrative Council for Economic Defense (CADE).
On the date the agreement was signed, the first installment, in the amount of R$ 255,153,999.98, was deposited into an escrow account. After fulfillment of the other conditions precedent set forth for closing the transaction, on Friday, October 30, 2026, the final payment of R$ 413,886,691.66 was made, completing payment for the deal.
