Lavoro to acquire Referência Agroinsumos.

Lavoro, an agricultural inputs distributor, agreed to acquire Referência Agroinsumos, an agricultural retail distribution operation. Financial terms were not disclosed. "We are very happy with the arrival of Referência to the Lavoro group. Although we already operate in Rio Grande do Sul through redistributors Casa Trevo and CATR, this acquisition represents our first input distribution operation in the state. It is a great deal, which further strengthens our brand and presence in Brazil," Ruy Cunha, Lavoro CEO.