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Article: Inaceres acquires Unacau for R$9mil.
- Article from:
- South American Business Information
- Article date:
- March 30, 2004
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Brazil, Mar 29, 2004 (Gazeta Mercantil/SABI via COMTEX)
Inaceres Ltda., j.v. between the Brazilian Agroceres and the Ecuadorian Inaexpo is expanding the cultivation of hearts of palm in the South of Bahia. The planted area will more than double with the acquisition of Unacau, estimated at R$9mil. In the past years the demand for cultivated hearts of palm is in an upturn. Unacau, which is active in the coffee, cocoa and hearts of palm sectors, is a traditional company from Bahia and one of the largest producers of cultivated hearts of palm of Brazil. The company has an area of 400 ha of planted palms. Inaceres has 300 ha of planted palm and with the ...