Portfolio

At Aqua Capital we have invested and managed in more than 39 companies organized by platforms. The Aqua-managed funds employ more than 7000 people and with combined revenues, we are top 40 in Ag & Food in Brazil, a global powerhouse.

At Aqua Capital we build diversified, resilient portfolios in upstream, downstream and services, while also providing access to Ag & Food technology and innovation as well as sustainable themes. 

FUND II
FUND I

FUND II

LISTED IN BOVESPA

Fund II

AgroGalaxy

Sector:

Add-Ons:

Geodata, Agro Ferrari,  Sementes Campeã, Boa Vista, Ferrari Zagatto, Agrocat

Leading independent ag inputs retailer and grain handling platform, covering 8.5m hectares and operating in nine Brazilian states. Unique geographic footprint, strong grain origination capabilities and direct access to farmers. Diverse portfolio serving over 21,000 clients, with a focus on soybean, corn, wheat, and coffee.

INVESTMENT CASE

PARTIALLY REALIZED

Fund II

Biotrop

Sector:

Add-Ons:

Total Bio

A leading innovator in the biopesticides market. Focuses on the development of high-tech biological inputs for crops. Strong product portfolio. Research and development of innovative, value-added solutions that contribute to a healthier, more sustainable agriculture. Crop protection and nutrition, nutrient solubilizers, plant growth and resistance, and biological management.

INVESTMENT CASE

Fund II

Yes

Sector:

Add-Ons:

A feed additives biotech company serving the domestic market and exporting to 35 countries worldwide. A leading biotechnology company developing innovative animal feed additives solutions, providing natural and antibiotic-free solutions enhancing animal nutrition and health.

INVESTMENT CASE

Fund II

Ultra Cheese

Sector:

Add-Ons:

Lac-Lelo, Cruzilia, Búfalo Dourado, Itacolomy

Platform for cheese roll-up strategy, with state-of-the-art industrial facilities with capacity to increase output and a well-developed and efficient distribution network. A complete product portfolio, covering most of the highest margin segments and distributing commodity cheeses nationwide.

INVESTMENT CASE

Fund II

Rech Agricola

Sector:

Ag Inputs retail

Add-Ons:

Geodata, Agro Ferrari,  Sementes Campeã, Boa Vista, Ferrari Zagatto, Agrocat

Leading Ag and construction machinery parts distributor focused on higher value-added parts for grain combines, planters, and cotton pickers. It has top-notch domestic and international supply chains and an efficient distribution network, and an innovative ecommerce platform.
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INVESTMENT CASE
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Fund II

VerBr

Sector:

Animal health distributor

Add-Ons:

Alfa, Gretha, VetLider

A leading animal health distributor operating in the livestock and pet segments in the Southeast of Brazil. The company distributes a complete portfolio of animal health products and pet food from first-tier suppliers through a strong commercial force and best-in-class technical assistance to producers.
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Visit Website

Fund II

Puravida

Sector:

Health and wellness

Add-Ons:

Tradal and puravida Academy

A Health & Wellness (H&W) foodtech leader in Brazil, providing a wide range of healthy clean label foods, supplements and vitamins based on a highly appealing lifestyle-focused branding concept. Vertically integrated, Puravida’s sales are centered in a thriving DTC e-commerce platform and supported by a multichannel go-to-market approach. It also owns one of the largest H&W e-learning platform in Brazil.

INVESTMENT CASE
Visit Website

FUND I

REALIZED

Fund II

Fertiláqua

Sector:

Specialty fertilizers Specialty Specialty

Add-Ons:

Spray Farm – Dimicron

A specialty fertilizer company offering a competitive portfolio of high-value foliar fertilizers, seed treatment solutions and biostimulants for a wide array of crops, fruits, and vegetables.

INVESTMENT CASE

Fund II

Comfrio

Sector:

Cold Storage Logistics and retailin

Add-Ons:

Stock Tech – Best Way

The leading controlled-temperature logistics platform in Brazil. With over one million cubic meters in total storage capacity (cold, refrigerated, and dry) across 28 sites operating throughout the country, it offers value-added solutions to food industry, seed, and food service clients nationally, out of company-owned, leased, and client-owned distribution centers.

Fund II

GeneSeas

Sector:

Aquaculture and retailing retailing

Add-Ons:

Dellmare – Tropical

A leading integrated fish producer, processor, and distributor with a focus on tilapia and shrimp. Operating throughout the tilapia value chain and exporting from to the US mainly through Tropical, its US based fish distribution platform. A differentiated and leading shrimp distributor. GeneSeas developed the first antibiotic-free tilapia product in Brazil.

Fund II

Grand Cru

Sector:

Beverage distribution and retailing

Add-Ons:

Stock, Tech and Bestway

Largest specialized retailer and one of the largest distributors of imported wines in Brazil, with top-of-mind brand recognition. Operating across the entire value chain, sourcing its products from wineries around the globe and selling to its clients through a diversified channel mix. Digital, own-stores, franchised stores and B2B. It operates a wine-club model with high membership growth and industry-leading economics

Fund II

Aqueafeed

Sector:

Animal food

Add-Ons:

Client-first business with a service-based model driven by one-stop-shop nutrition approach providing technical sales support and seamless logistics delivery solutions. Introducing high-value products to improve fish farming performance. Continuous development of new feed with higher digestibility and conversion efficiency. Geneseas and Aquafeed have a joint R&D program to develop high-quality feed, customized for each fish growth stage.