Key facts
- Zen-Noh will acquire a 30% stake in Brazilian agribusiness Grupo Cereal.
- The Barauna family will retain 70% ownership and continue managing the company.
- The transaction is subject to regulatory approval.
- Grupo Cereal operates in grain origination, agricultural inputs, processing, and biofuels.
- Zen-Noh is a Japanese federation of agricultural cooperatives.
Zen-Noh, a major Japanese federation of agricultural cooperatives, has announced an agreement to acquire a 30% stake in the Brazilian agribusiness company Grupo Cereal. The deal, announced on July 24, 2026, aims to strengthen the connection between Brazilian agricultural production and Asian markets, while also supporting Grupo Cereal's expansion plans.
The Barauna family, which founded Grupo Cereal in 1981, will retain a 70% majority stake, ensuring continued control over the company's management and strategic direction. Evaristo Lira Barauna, the founder, is set to become the president of the Administrative Council.
Grupo Cereal, based in Rio Verde, Goiás, operates in grain origination, agricultural inputs, processing, and biodiesel production. The company reported revenues of R$ 5.2 billion in its most recent fiscal year, with a net profit of R$ 292 million. Zen-Noh, with a global presence, reported revenues of approximately US$ 30 billion in its last fiscal year.
The transaction's value has not been disclosed, and its completion is contingent upon approval from relevant regulatory bodies. Advisors for the transaction included SL Process, Deloitte, and Santos Neto Advogados for Zen-Noh, and Rabobank and Alianzo for Grupo Cereal.