Amaggi Group | |
Type: | Privately held |
Industry: | Commodities, Agriculture, Logistics, Energy |
Foundation: | 1977 |
Location City: | Cuiabá, Mato Grosso |
Key People: | Judiney Carvalho, (CEO) |
Revenue: | US$ 9.2 billion (2022) |
Homepage: | https://amaggi.com.br |
The Amaggi Group (Portuguese: Grupo Amaggi) is a large Brazilian commodities company involved in the soybean industry. It is the largest private producer of soybeans in the world.[1]
The company has annual sales of over $9 billion, and is a large domestically owned exporter that exports to destinations in both Europe and the United States.[2]
Amaggi was founded in 1977 by André Maggi of Italian origin as a seed producer.[3] In the 1980s, he acquired large tracts of land in Mato Grosso and went into soybean production.[4] There he also had the city of Sapezal built. After his death in 2001, his son Blairo Maggi took over the company.[5] It is headed by CEO Judiney Carvalho, since the end of 2017.