en.Wedoany.com Reported - Colombia's Daabon Group has officially entered the Brazilian palm oil market by acquiring all operations of Agropalma. The Colombian company began operations in the state of Pará this Thursday (18th), following the completion of its asset acquisition of Agropalma, one of Latin America's largest palm oil producers.

Daabon Group is a benchmark in organic food production. This acquisition expands the century-old company's operations to four continents and extends its full-industry-chain supply chain from cultivation to industrialization.

The acquisition involves all of Agropalma's assets in Pará, including plantation areas, forest reserves, six oil mills in Tailândia (Pará), and a refinery in Belém. The refinery in Limeira (São Paulo) was not included in the transaction and will continue to operate under the name Indústrias Xhara, managed by the APAR Holdings group.

Daabon stated it will maintain Agropalma's operational model, ensuring full traceability from plantations, a zero-deforestation commitment, and continuity of community development programs. Agropalma CEO Giancarlo Dávila said in a statement that the acquisition provides an opportunity to strengthen responsible development in the palm oil sector in Brazil.

The two companies noted that Daabon's entry into Brazil marks the beginning of a new cycle of strategic investments in Pará, including job creation.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com