Banca Nazionale del Lavoro

Lavoro to Participate in the 2023 World Agri-Tech South America Summit in São Paulo, Brazil

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Friday, June 16, 2023

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SÃO PAULO, Brazil, June 16, 2023 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the 2023 World Agri-Tech South America Summit in São Paulo, Brazil, on June 20, 2023.

Key Points:

SÃO PAULO, Brazil, June 16, 2023 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the 2023 World Agri-Tech South America Summit in São Paulo, Brazil, on June 20, 2023.
The event gathers the international agricultural supply chain to address the main challenges and innovations for the sector.
Word Agri-tech will gather more than 160 companies and 90 startups from the industry.
“World Agri-tech is an extremely important event to the international agricultural supply chain.

Lavoro Announces CFO Transition

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Tuesday, May 2, 2023

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Concurrent with Mr. Garrido’s appointment, Laurence Beltrão Gomes steps down as chief financial officer to pursue other opportunities.

Key Points:

Concurrent with Mr. Garrido’s appointment, Laurence Beltrão Gomes steps down as chief financial officer to pursue other opportunities.
Mr. Garrido has over 30 years of executive leadership experience in multinational and publicly traded companies.
Ruy Cunha, the chief executive officer of Lavoro, stated, “I would like to thank Laurence for his financial counsel and dedication to Lavoro over the last two years, especially as we completed our business combination with TPB Acquisition Corp.
On behalf of the board of directors and leadership team, we wish him well in his next endeavor.”
“We are excited to have Julian join our leadership team at Lavoro," said Mr. Cunha.

Lavoro Reports First-Half Fiscal 2023 Results and Provides Full Year 2023 Guidance

Retrieved on:

Monday, April 10, 2023

Net revenue /RTV was approximately $1 million in the first half fiscal 2023.

Key Points:

Net revenue /RTV was approximately $1 million in the first half fiscal 2023.
On March 1, 2023, Lavoro began trading its shares on the Nasdaq stock exchange under the ticker symbols "LVRO" and "LVROW".
On July 29, 2022, Lavoro completed the acquisition of 100% interest in Provecampo, which agreement for acquisition was signed on June 2022.
On February 28, 2023, the Company entered into an agreement to acquire a controlling interest in Referência Agroinsumos.

Lavoro Pre-announces Select First Half Fiscal 2023 Results and Sets Conference Call Date

Retrieved on:

Wednesday, April 5, 2023

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Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced select financial results for the first half fiscal 2023, ending December 31, 2022.

Key Points:

Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced select financial results for the first half fiscal 2023, ending December 31, 2022.
The Company also announced that it will release its first half fiscal 2023 earnings results on Monday, April 10, 2023, after the market close.
Ruy Cunha, Chief Executive Officer of Lavoro commented, “We are thrilled to complete our business combination and look forward to our inaugural earnings conference call.
The Company will host a conference call and webcast to review its first-half fiscal 2023 results on Monday, April 10, 2023, at 5:00 pm ET.

Lavoro Announces the Execution of Agreements to Acquire Referência Agroinsumos

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Monday, March 13, 2023

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Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.

Key Points:

Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.
"We are very happy with the arrival of Referência to the Lavoro group.
"We have great expansion plans for Referência in the coming years to strengthen our company's portfolio," adds Lavoro's CEO.
On March 1, 2023, Lavoro announced the beginning of trading of its shares on the Nasdaq stock exchange, under the ticker symbols "LVRO" and "LVROW".

Lavoro to Participate in the 2023 Roth Conference on March 13, 2023

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Monday, March 6, 2023

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Lavoro (Nasdaq: LVRO), Brazil’s largest agricultural inputs retailer, announced today that it will participate in the 2023 Roth Conference in Dana Point, CA, on March 13, 2023.

Key Points:

Lavoro (Nasdaq: LVRO), Brazil’s largest agricultural inputs retailer, announced today that it will participate in the 2023 Roth Conference in Dana Point, CA, on March 13, 2023.
Ruy Cunha, CEO, will participate a fireside chat hosted by Roth analyst Brian Wright on Monday, March 13, 2023, titled AG Biologicals and Gene Editing.
Lavoro, the largest agricultural inputs retailer in Brazil and a leading provider of agriculture biologics inputs, enables farmers to adopt breakthrough technology and boost productivity.
Lavoro’s proprietary products help reduce costs for farmers while increasing yields with less water, land and carbon footprint.

Lavoro Limited Begins Trading on the Nasdaq Stock Market

Retrieved on:

Wednesday, March 1, 2023

Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, began trading today on the Nasdaq Stock Market (“Nasdaq”) following the completion of its business combination with TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”), a special purpose acquisition company sponsored by The Production Board.

Key Points:

Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, began trading today on the Nasdaq Stock Market (“Nasdaq”) following the completion of its business combination with TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”), a special purpose acquisition company sponsored by The Production Board.
“We are immensely excited to transition into the next phase of our company’s development as we begin trading on Nasdaq,” said Ruy Cunha, Chief Executive Officer of Lavoro.
At the same time, Lavoro believes it has also achieved robust organic growth through retail and product portfolio expansion, as well as operational improvements.
Thanks to Lavoro’s business model focused on direct collaboration with farmers to drive technology adoption, Lavoro can play a key role in increasing the agricultural sector’s productivity sustainably.

Lavoro and TPB Acquisition Corporation I Announce Completion of Business Combination

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Tuesday, February 28, 2023

Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, and TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”) (Nasdaq: TPBA, TPBAW, TPBAU), a special purpose acquisition company sponsored by The Production Board (“TPB”), today announced the completion of their previously announced business combination (the “Business Combination”).

Key Points:

Lavoro Limited (“Lavoro” or the “Company”), the largest agricultural inputs retailer in Brazil, and TPB Acquisition Corporation I (“TPB Acquisition Corp.” or “TPBA”) (Nasdaq: TPBA, TPBAW, TPBAU), a special purpose acquisition company sponsored by The Production Board (“TPB”), today announced the completion of their previously announced business combination (the “Business Combination”).
The Business Combination was approved at an extraordinary meeting of TPBA shareholders on February 22, 2023, and closed on February 28, 2023.
“The closing of this transaction and our forthcoming listing on the Nasdaq is a major milestone for our entire Lavoro team,” commented Ruy Cunha, Chief Executive Officer of Lavoro.
Lavoro’s vertically-integrated crop inputs business, “Crop Care,” is a major supplier of biologics and specialty fertilizers in Brazil.

Lavoro Announces the Acquisition of Cromo Química

Retrieved on:

Friday, January 27, 2023

Lavoro, Brazil’s largest agricultural input retailer, continues its expansion in Latin America with the acquisition of a majority stake of Cromo Química, based in Estrela, Rio Grande do Sul, Brazil.

Key Points:

Lavoro, Brazil’s largest agricultural input retailer, continues its expansion in Latin America with the acquisition of a majority stake of Cromo Química, based in Estrela, Rio Grande do Sul, Brazil.
The acquisition will put Cromo Química within the expanding portfolio of Crop Care, Lavoro’s vertically integrated business segment, which operates with biological inputs, specialty fertilizers and off-patent crop protection products.
"We expect to invest in strengthening the sales force of Cromo Química, back-office areas, and especially research and development.
Lavoro announced in September 2022 its intent to become the first US-listed pure-play Latin American agricultural inputs retailer through a business combination with The Production Board’s (“TPB”) Special Purpose Acquisition Company, TPB Acquisition Corporation I (“TPB Acquisition Corp”).

Lavoro to Participate in the 2023 ICR Conference on January 9-10, 2023

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Tuesday, January 3, 2023

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Lavoro, Brazil’s largest agricultural inputs retailer, announced today that it will participate in the 2023 ICR Conference in Orlando, FL, on January 9 and January 10, 2023.

Key Points:

Lavoro, Brazil’s largest agricultural inputs retailer, announced today that it will participate in the 2023 ICR Conference in Orlando, FL, on January 9 and January 10, 2023.
Lavoro’s senior management will host a fireside chat on Tuesday, January 10, 2023 at 2:00 PM Eastern Daylight Time.
Lavoro, the largest agricultural inputs retailer in Brazil and a leading provider of agriculture biologics inputs, enables farmers to adopt breakthrough technology and boost productivity.
Upon listing, Lavoro is expected to become the first US-listed pure-play Latin American agricultural inputs retailer.