SLC Agrícola (SLCE3) completed in 2026 the acquisition of the rural property portfolio called “Mato Grosso Block” from Grupo Radar, for a total amount of R$ 669,578,510.89. The acquired area totals 11.1 thousand hectares, of which approximately 8.9 thousand hectares are arable and designated for agricultural production, while about 2.2 thousand hectares correspond to preservation and operational support areas.
Of the transaction's total value, R$ 24.9 million relates to the existing infrastructure on the properties, according to the appraisal report, and R$ 644.7 million corresponds to useful/arable bare land, which represents approximately R$ 72.7 thousand per arable hectare. The company said 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$ 255,691,819.22, was deposited into an escrow account. After the remaining conditions precedent for closing the transaction were met, the final payment of R$ 413,886,691.67 was made this Friday, October 30, 2026, completing the payment for the transaction.
Banco Bradesco BBI acted as the company's financial advisor on the transaction, and legal advice was provided by Machado Meyer Sendacz e Opice Advogados. The details of the acquisition had been disclosed in a Material Fact notice on July 8, 2026.
