Davis Polk advised the underwriter in connection with an SEC-registered secondary offering of 12,000,000 shares of Adecoagro S.A. at a price to the public of $11.70 per share. Adecoagro’s common stock is traded on the New York Stock Exchange under the symbol “AGRO.”

Based in Luxembourg, Adecoagro is a leading agricultural company in South America, with operations in Argentina, Brazil and Uruguay.

The Davis Polk corporate team included partner Maurice Blanco, counsel Katia Brener and associate Elliot M. de Carvalho. Partner Kathleen L. Ferrell and associate Sam R. Van Peperstraete provided tax advice. Members of the Davis Polk team are based in the New York and São Paulo offices.

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