The Agrenco Group is active internationally and specializes in supplying integrated solutions customized for clients and partners in the agribusiness sector. The Group serves the full cycle from production to consumption for agricultural products with financing for growers and consumers, origination, tracing, storage, logistics, port operations, charter freight, export and distribution.

The Agrenco business model involves identifying a customer's needs to offer quick and competitive solutions, to offer agroindustrial products to the world market ensuring appropriate specifications, quality, color and protein content in accordance with the needs of growers and consumers.

Agrenco's origination operations concentrate on growing regions in South America, and particularly Brazil. Its products and services are certified as fulfilling internationally accepted quality standards. Highlights in the growing regions are operations in Brazil working through Agrenco do Brasil S.A.. Some 95% of the 1.6 million tons of soy marketed by the Group in 2005 originated in Brazil.

Agrenco is active mainly in the states of Mato Grosso, Mato Grosso do Sul, Goiás and Paraná. AS of late 2005, it opened an office in Balsas (state of Maranhão) to ensure its position in Brazil's Northern Export Corridor. Plans involve originating 200 - 300,000 tons of grain from the Northern Corridor states of Maranhão, Piauí and Tocantins.

In South America, Agrenco also develops origination activities in Argentina and Paraguay.

Its distribution network has an outstanding presence in the European and Asian markets, where Agrenco does business in some 30 countries. The Group therefore maintains distribution and marketing units in France, Italy, the United Kingdom and Norway for its operations in the European market, and in Singapore, for operations in Asia.

Agrenco is market leader in the supply of soybean and GMO-free derivatives in the European market, where it has a portfolio of 700 active customers.

In Asia, Agrenco has long term contracts for integrated services with major corporations that are also involved in the international market. In addition to serving price-sensitive markets, these contracts also include high quality cargo with at most 4% of rancid or cracked grains, which is a level twice as selective as the standard set for exports in Attachment 41.

As of early 2006, the process of restructuring the Group's companies led to the creation of the  Agrenco Netherlands BV holding company. The geography of the Group's businesses includes business units in consumer markets and in growing areas.

Agrenco Group comprises the following business units: Brazil - Agrenco do Brasil S.A., specializing in marketing agroindustrial products, transport and storage logistics, operational management for grains and derivatives, and providing fertilizer supplies and technology for growers; Terlogs- responsible for operations at the São Francisco do Sul Marine Terminal; Agrenco France, Agrenco Italy, Agrenco United Kingdom and Agrenco Asia (Singapore), responsible for distribution internationally; Agrenco Argentina, managing origination in Argentina; Agrenco Shipping and Chartering, which is active in marine charters and freight; and Finacom, based in Malta, specializing in structured operations and financial services for Brazilian growers. In Norway, it holds 40% of the capital of Denofa, one of the main soy processors and distributors in northern Europe.

Agrenco's Operational Center in Brazil is located in São Paulo (state of São Paulo), and is connected through latest-generation technological platforms with offices in Brazil and worldwide.

In 2006 the Group announced investments of US$ 42 million in a port terminal in the Argentine province of Entre Rios. The Port del Guazu terminal deal will allow the group to double soy and grain shipments to 3 million tons.

Also in 2006, the Agrenco Group announced investments of US$ 150 million in three biodiesel plants in Brazil. The multi-seed plants will altogether produce 380,000 tons of biodiesel.

In September 2006, Denofa, an affiliated company of the group, announced the acquisition of 60% of the oilseed crushing plant Nagrol, in Poland.

In November 2006, Antonio Iafelice, CEO of the group, was interviewed by Prof. Ray Goldberg, from Harvard Business School. Prof. Goldberg is writing a book on trends for the agribusiness sector for the next 50 years and therefore interviewed Mr. Iafelice among 14 most influent CEOs around the globe.