The target company, based in Chapecó, Santa Catarina, operates as a global trader of commodities including soybeans, sugar, chicken, and beef. By folding these operations into its existing logistics and retail framework, Farmmi seeks to bridge South American agricultural producers with broader international markets. The final acquisition price remains subject to a fair valuation conducted by an independent firm, with payment expected to be settled through the issuance of Farmmi Class A ordinary shares.
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Farmmi Eyes Brazil Expansion With Four Seasons Holding Acquisition
China-based Farmmi, Inc. has signed a framework agreement to acquire 100% of Four Seasons Holding Group Brazil Ltda., a move aimed at anchoring the Nasdaq-listed firm within the South American agricultural supply chain. The deal marks a strategic push to diversify beyond its traditional mushroom supply business.
CEO Yefang Zhang emphasized that the acquisition is a calculated step toward strengthening the company’s global trade network. Farmmi, which was established in 1998 and primarily known for its edible mushroom products, currently maintains 41,434,077 outstanding Class A shares. Both parties are now moving into the due diligence phase to finalize the definitive terms of the transaction.
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