Amaggi Group

The Amaggi Group, Portuguese Grupo Amaggi is a large Brazilian commodities company involved in the soybean industry. It is the largest private producer of soybeans in the world.[1][2] The company has annual sales of over $500 million, and is a large domestically owned exporter that exports to destinations in both Europe and the United States.[3]

Amaggi Group
TypePrivately held
IndustryCommodities
Founded ()
Headquarters
Key people
Blairo Maggi, (CEO)
ProductsSoybeans et al.
Revenue US$ 3.5 billion (2016)
Websitehttps://amaggi.com.br

Amaggi was founded in 1977 by André Maggi of Italian origin as a seed producer. In the 1980s he acquired large tracts of land in Mato Grosso and went into soybean production. There he also had the city of Sapezal built. After his death in 2001, his son Blairo Maggi took over the company. It is headed by CEO Blairo Maggi, son of the group founder Andre Maggi. He is a former Brazilian Minister of Agriculture, Livestock, and Supply who is linked to the destruction of the Amazon Rainforest.[4]

The company consists of smaller parts:

  • Amaggi: involved with exports of soybean products
  • Agropecuaria Maggi: agribusiness
  • Hermasa: infrastructure of soybeans
  • Maggi Energy

References


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