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Sadot Group bolsters Brazilian grain trade operations

EditorRachael Rajan
Published 01/09/2024, 09:44 AM
© Reuters.

FORT WORTH, TX - Sadot Group Inc. (NASDAQ:SDOT), an emerging global player in the agricultural-commodity supply chain, has announced the expansion of its trading arm with the establishment of Sadot Brasil Ltda., a new subsidiary aimed at sourcing and exporting grains from Brazil. The company has brought on board two seasoned professionals, Flavio de Campos and Paulo de Sa, to manage the operations of this wholly-owned subsidiary.

The addition of Sadot Brasil Ltda. to the company's portfolio is expected to strengthen Sadot Group's position in key grain-producing geographies and enhance its global presence in the agri-foods industry. The subsidiary will focus on commodities such as soybean, soybean meal, wheat, and corn, which are significant in the Brazilian market.

Michael Roper, CEO of Sadot Group Inc., expressed optimism about the venture, stating that the initiation of operations in Brazil marks a strategic move to tap into one of the most vital grain-producing regions worldwide. The company anticipates that this expansion will contribute to its growth in trading verticals and overall revenue.

Paulo de Sa brings over 30 years of experience in the agri-commodities market and food industry, with a background that includes leadership roles at Louis Dreyfus and supply chain management at SGS. Flavio de Campos also has over three decades of experience, particularly in finance within the agri-business sector, having held positions with companies such as Cargill and AWB Brasil.

Sadot Group Inc. operates across various verticals of the global food and feed supply chain, including farming, sustainability, and trading and shipping of agri-commodities. The company sources products from the Americas, Africa, and the Black Sea region, delivering to markets in Southeast Asia, China, and the Middle East/North Africa region. Headquartered in Ft. Worth, Texas, Sadot Group has subsidiary operations in multiple locations, including Miami, Dubai, Sao Paulo, Singapore, Kyiv, and Zambia.

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This expansion is part of Sadot Group's strategic efforts to address the growing food security challenges globally through innovative and sustainable supply chain solutions. The information in this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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