Lavoro went public via a SPAC merger with TPB Acquisition I in a $1.2bn deal.

Lavoro, an agricultural inputs retailer in Latin America, went public via a SPAC merger with TPB Acquisition I, a special purpose acquisition company, in a $1.2bn deal. “The closing of this transaction and our forthcoming listing on the Nasdaq is a major milestone for our entire Lavoro team. We are thrilled to enter this next phase of growth as a publicly traded company, as we believe we are uniquely positioned to expand our footprint throughout Latin America and continue our mission to address food insecurity and empower farmers by creating greater access to innovative agricultural solutions,” Ruy Cunha, Lavoro CEO.