Daabon becomes largest palm oil producer in the Americas after Agropalma deal
Grupo Daabon has become the largest producer of sustainable palm oil in the Americas following its acquisition of Agropalma, Brazil’s leading palm oil and derivatives producer. The deal significantly scales Daabon’s supply chain and is set to increase the availability of fully traceable, EU Deforestation Regulation (EUDR) compliant palm oil for food manufacturers across the UK, Europe and beyond.
Deal brings 107,000 hectares and six extraction plants
The transaction covers 100% of Agropalma’s operations in the Brazilian state of Pará, comprising 39,000 hectares of planted palm and 64,000 hectares of protected forest reserve. It brings six extraction plants in Tailândia, a refinery in Belém and a bonded export terminal into Daabon’s supply network, along with roughly 5,000 employees and 300 partner farmers.
Notably, Agropalma’s refinery in Limeira, São Paulo, was not included in the purchase agreement and will continue to operate independently as Indústrias Xhara, under APAR Holdings.
The acquisition marks Daabon’s first entry into Brazil and is described as the start of a new phase of investment in the Pará region, with the company planning to support job creation and strengthen community partnerships locally.
Focus on traceability and certification standards
Grupo Daabon, a family-owned Colombian business founded in 1914 and operating across four continents, supplies regenerative organic and certified sustainable ingredients including palm oil, bananas, cocoa, coffee, avocados and limes. The company holds certifications including Regenerative Organic Certified™ (ROC), Fair Trade and Roundtable on Sustainable Palm Oil (RSPO), alongside zero-deforestation commitments and full traceability to plantation level.
Following the acquisition, Daabon says it will invest in aligning Agropalma’s operations with its own certification standards and in improving plantation productivity, while continuing engagement programmes with smallholder farmers in Brazil.
Industry reaction
Manuel Davila, managing director of Daabon Europa and Daabon UK, said the acquisition reflected shared values between the two businesses:
“Agropalma is a family farming business that shares our values and commitment to sustainability – our mission now is to build on our shared legacy, elevate our combined organisation, and set a new benchmark for our industry.”
He added that the combined group would draw on the strengths of both organisations to meet market demand:
“We’ll achieve this by doing what we’ve built our global reputation on – farming in the right way for people and the planet. That means harmonising the best practices of both organisations in terms of operational excellence, agronomic discipline, industrial efficiency, traceability and rigorous compliance to the world’s leading certification schemes, while nurturing a culture that respects people and the land.”
About the companies
Agropalma, established in Tailândia in 1982, operates across the full palm oil production chain and pioneered a Family Farming programme now supporting over 300 partner farmers. Grupo Daabon employs more than 5,000 people worldwide and operates across agriculture, industry, logistics and real estate, with UK and European operations run through Daabon UK and Daabon Europa.
