Adecoagro S.A. (Adecoagro) is a holding company primarily engaged through its operating subsidiaries in agricultural and agro-industrial activities. The Company is involved in a range of businesses, including farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol and energy production and land transformation. As of December 31, 2011, it owned a total of 293,423 hectares, comprised of 23 farms in Argentina, 13 farms in Brazil and one farm in Uruguay. On August 18, 2011, it acquired Compania Agroforestal Sociedad Anonima (Agroforestal). On August 19, 2011, it acquired Simoneta Sociedad Anonima (Simoneta). In November 2011, the Comapny acquired 3,400 hectares of land for crop production in the province of San Luis.