Oman’s Acquisition of Agribrasil: What It Means for Food Security and Investment Opportunities in the Agribusiness Sector

• By Jomar Mendoza
• July 30, 2025July 31, 2025
• Agribusiness food security Oman
• With 0 comments

MUSCAT, JULY 30 — Oman has taken a major step to enhance its global food security and expand its presence in agricultural commodities through the acquisition of a controlling stake in Agribrasil, a leading Brazilian grain exporter, by ME Solaris Commodities Holding (Solaris). Solaris is a company predominantly owned by the Sultanate of Oman’s sovereign wealth fund.

The agreement, finalized on July 28, 2025, involves acquiring a controlling interest in Humberg Agribrasil Comércio e Exportação de Grãos SA (Agribrasil) and the Santa Catarina grain terminal (TESC). Additionally, Solaris has signed separate agreements to purchase further minority stakes in TESC. Pending regulatory approval, the deal is expected to be completed by the year’s end.

Agribrasil described Solaris in an official statement as one of the world’s top five wheat traders and a major player in the global agricultural commodities market. The investment will enable Solaris to enter the Brazilian corn and soybean markets, secure strategic access to port logistics infrastructure, and diversify its commodity portfolio. This expansion is aligned with global food security goals.

Solaris’s entry into Brazil’s agricultural sector reflects Oman’s strategic ambition to secure dependable food sources and diversify its economy in accordance with Oman Vision 2040. This investment establishes a long-term presence in Latin America’s foremost grain-producing country and strengthens trade ties with key markets in the Middle East, including Oman.

Agribrasil, ranked among Brazil’s top five grain exporters, reported robust growth in the first quarter of 2025, selling over 1.016 million tonnes of grain—a 75% increase compared to the same period in 2024. The company’s net income surged by 302%, reaching BRL 1.361 billion. Corn and soybeans comprise the bulk of its exports, with 97% of sales destined for international markets. The Middle East and North Africa (MENA) region, including Oman, accounted for 58% of these exports.

Frederico Humberg, Agribrasil’s founder and current stakeholder, stated that the transaction will broaden the company’s global reach and strengthen its commitment to supply stability.

This acquisition is part of a wider trend of Gulf countries investing in overseas agribusinesses to mitigate supply risks and ensure long-term food security. Given Brazil’s status as a leading global agricultural exporter, Oman’s strategic investment enhances its capacity to manage supply chain challenges and meet domestic and regional demand amid a volatile global market.

Special Analysis by Omanet | Navigate Oman’s Market

Oman’s acquisition of a controlling stake in Brazil’s Agribrasil is a game-changer for the nation’s food security and economic diversification, aligning with Oman Vision 2040. This move provides strategic control over key agricultural supply chains and port logistics, reducing risks linked to global food market volatility. Smart investors and entrepreneurs should now consider opportunities in agri-commodities trade, logistics infrastructure, and cross-regional supply chain innovations, leveraging Oman’s growing foothold in Latin America and the MENA region.