Brazil’s Agrogalaxy aims to prove with IPO that sustainability is as interesting as tech

Agrogalaxy, a company that resells agricultural inputs, plans to discontinue the sale of hazardous products and replace them with biological alternatives.

RIO DE JANEIRO, BRAZIL - Part of a highly environmentally-targeted sector, Agrogalaxy, which this week relaunched its IPO, wants to show investors that it is able to push the sustainability agenda into the limelight, particularly among small and medium-sized producers.

The agricultural input resale platform, controlled by Aqua Capital private equity fund, made over 70% of its 2020 revenue of about R$4.2 billion (US$804 million) from the sale of agrochemicals and fertilizers.

However, it has drawn up a list of products that it intends to discontinue from its portfolio - products that are authorized in Brazil but . . .

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