Cocal has announced its acquisition of Raízen's Rio Brilhante and Passa Tempo units in Mato Grosso do Sul, significantly increasing its production capacity and workforce.

Target Information

On August 29, 2025, Cocal announced the acquisition of Raízen's Rio Brilhante and Passa Tempo units, located in Mato Grosso do Sul. This strategic operation involves the incorporation of a production capacity of 6 million tons of sugarcane per harvest, pending approval from the Administrative Council for Economic Defense (CADE) and the fulfillment of contractual conditions.

With this acquisition, Cocal's production capacity will increase from 10.3 million to 16.3 million tons per harvest. This expansion will also boost the direct workforce from 5,300 to 7,700 employees, highlighting the strategic significance of the deal. It demonstrates Cocal’s commitment to enhancing productive efficiency, leveraging cutting-edge technology, and fostering employee development.

Industry Overview in Brazil

The bioenergy sector in Brazil has experienced substantial growth over the past few decades, evolving into a cornerstone of the country's renewable energy landscape. Brazil is one of the leading producers of bioethanol, stemmi