Brazil’s antitrust regulator, the Administrative Council for Economic Defense (CADE), has approved Nutrien Ltd.’s plan to acquire Marca Agro Mercantil (GM July 1, p. 1) according to Bloomberg, citing the Official Gazette and the agency’s website.
Marca Agro Mercantil, an agricultural inputs retailer, has been operating in Minas Gerais in Brazil for 17 years in 67 municipalities, with seven stores in the regions of Triângulo, Alto Paranaíba, and Sudoeste Mineiro, and access to more than 1,700 customers.