Business
Sadot Group Inc. Announces New Trading Arm - Sadot Brasil Ltda
Sadot Group enhances its Brazilian Trading Operations with dedicated team of professional tradersSadot Brasil Ltda expected to establish new markets for Sadot
About this update from Sadot Group Inc.
[{"type":"text","content":"Sadot Group enhances its Brazilian Trading Operations with dedicated team of professional tradersSadot Brasil Ltda expected to establish new markets for Sadot Group's trading arm, resulting in new financial support and enhanced revenuesFORT WORTH, TX / ACCESSWIRE / January 9, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (\"Sadot\" or the \"Company\"), a global agricultural-commodity supply chain company has executed an agreement with two distinguished professionals in the international grain trading business, Flavio de Campos and Paulo de Sa, to begin operations and management of Sadot Brasil Ltda., a wholly-owned subsidiary of Sadot LLC.Sadot Brasil Ltda. will source and export grains such as soybean, soybean meal, wheat and corn. This expansion has the potential to generate multiple benefits for Sadot LLC as it further expects to substantiate the Company's position as an international agri-foods company operating in the most important grain producing geographies in the world. In parallel, the Company continues to expand its operations in the various verticals of the global food and feed supply chain including farming, sustainability, and the trading and shipping of agri-commodities. The inception of Sadot Brasil Ltda. has the potential to provide growth in the trading verticals, managed by experienced industry professionals.Michael Roper, CEO of Sadot Group Inc. stated \"We believe that the agreement to begin operations of Sadot Brasil Ltda. establishes a strong presence in one of the world's most important grain producing regions. We believe this will further expand our global presence and allow us to establish a foothold in the critical, growing Brazilian market. We are looking forward to working together with Flavio, Paulo and the rest of the Brazilian team with the common goal of elevating Sadot Group to new and exciting places.\"Sadot Brasil Ltda Executive Bios:Paulo de Sa is an agricultural engineer with more than 30 years in the agri-commodities market and food industry. Mr. de Sa holds a PhD degree in agricultural engineering from INEA (Valladolid) and a postgraduate degree in business management from FEyE (Salamanca). He has worked in leadership positions in the areas of origination, logistics and trading at Louis Dreyfus, supply chain manager at SGS, grains trader at AWB Brasil (former Australian Wheat Board), supply chain ...