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Grain trading company Taunsa to invest R$5.7bn by 2028

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Vincent

A grain trading company is not usually very popular, but Taunsa has recently changed that as it sponsored the comeback from the Middle East of a soccer star to one of Brazil’s most famous teams. São Paulo’s Taunsa is taking advantage of the hype generated by this multimillion deal to unveil an aggressive investment plan for the next six years, starting in 2022.Taunsa says it will invest R$ 5.7 billion in the period to expand its storage capacity and try to become one of the three largest soybean exporters in Brazil by 2028, a ranking currently dominated by large groups such as Cargill, Bunge, ADM, Cofco, Louis Dreyfus Company and Amaggi, among others. To do so, it counts on the support of ARJ Holding, an investment company from the United Arab Emirates that operates in several sectors, especially construction.Taunsa, a family business, started its activities in 2008 in Araçatuba, in the countryside of São Paulo state, as a dairy products producer. But it soon migrated to grains, with the acquisition of land in Mato Grosso. Today, it is a company that operates in the planting, storage and commercialization of soybeans and corn in Brazil and in West African countries.Taunsa plans to build 34 storage units in Mato Grosso, in the Matopiba region (agricultural frontier between Maranhão, Tocantins, Piauí and Bahia) and also in São Paulo, where...

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