Lavoro is a pioneering force in the agricultural sector, marking a significant milestone as the first distributor of agricultural inputs in Latin America to list its shares on Nasdaq, the prestigious American stock exchange. Trading under the tickers “LVRO” and “LVROW,” this achievement stems from a strategic business combination with TPB Acquisition Corporation I, a special purpose acquisition company backed by The Production Board, announced in September 2022.
This Nasdaq listing not only elevates Lavoro’s standing within the agricultural sector but also underscores the immense productive and technological potential of Latin American agriculture, a crucial driver of global sustainable development. As the largest distributor of agricultural inputs in Brazil, Lavoro reported a record revenue of approximately R$7.7 billion, with a pro forma revenue reaching R$8.2bn for the 2021/2022 harvest year, concluding on June 30, 2022.
Lavoro’s expansive reach spans about 60 million hectares across Latin America, solidifying its role as a key player in the region’s agricultural landscape. This significant growth and strategic market positioning highlight Lavoro’s commitment to advancing agricultural productivity and sustainability in one of the world’s most vital and dynamic agricultural regions.
Lavoro is the largest distributor of agricultural inputs in Brazil, dedicated to advancing smart and innovative agricultural technologies across Latin America. By promoting increased production efficiency without the need for additional land, water, or energy, Lavoro supports sustainable farming practices. Its recent listing on Nasdaq enhances visibility and amplifies its impact, reinforcing its commitment to transforming Latin America into a global breadbasket. Focused on food security and sustainability, Lavoro aims to lead the region in agricultural innovation and productivity.
