Key Takeaways
- Farmmi, Inc. (Nasdaq: FAMI) signed an acquisition framework agreement on August 4, 2026 to acquire 100% of the equity in Four Seasons Holding Group Brazil Ltda.
- The target is based in Chapeco, Santa Catarina, and trades soybeans, sugar, chicken, beef and other products across global agricultural supply chains.
- Farmmi expects to pay for the acquisition by issuing Class A ordinary shares, with the final price set by an independent valuation firm.
- The framework agreement still requires due diligence, an independent valuation and negotiation of definitive documents before closing.
- The deal is intended to widen Farmmi’s agricultural supply chain footprint in Brazil and globally.
Farmmi Targets a Brazilian Supply Chain Operator
Farmmi, Inc., a Lishui, China-based agricultural products company listed on the Nasdaq as FAMI, said on August 4, 2026 that it has signed an acquisition framework agreement with the shareholders of Four Seasons Holding Group Brazil Ltda. Under the agreement, Farmmi would acquire 100% of the equity interests in the Brazilian company. Farmmi built its business as a supplier of edible fungi and other packaged agricultural products, and the proposed deal would push it further into large-scale commodity sourcing and trading.
“Brazil plays an important role in the global agricultural trade system. The signing of this framework agreement is an important step for the Company in expanding its international agricultural product supply chain network,” said Yefang Zhang, Chief Executive Officer of Farmmi.
What Four Seasons Holding Group Brings
Four Seasons Holding Group is a limited liability company registered in Chapeco, in the southern Brazilian state of Santa Catarina. The company works in the global agricultural supply chain and trading business, handling soybeans, sugar, chicken, beef and other agricultural commodities. Brazil ranks among the world’s largest exporters of each of those products, so the target would give the acquirer a direct position in one of the most important crop and protein sourcing markets. The move also widens Farmmi’s reach well beyond its existing mushroom and fungi lines.
How Farmmi Would Pay for the Deal
The final acquisition price has not been set. According to the announcement, it will be determined from a fair valuation carried out by a qualified independent valuation firm. Farmmi expects to fund the purchase through the issuance of its Class A ordinary shares rather than cash, tying the payment to the company’s equity and avoiding an immediate draw on its balance sheet.
Conditions Still to Clear
The framework agreement is an early step rather than a completed transaction. Farmmi said several stages remain before any deal can close, including professional due diligence, the independent valuation and the negotiation of definitive transaction documents. Each of those could affect the final terms or whether the acquisition proceeds at all.
Farmmi’s Broader Supply Chain Strategy
Farmmi framed the proposed acquisition as a way to widen its presence in the agricultural supply chain sector in Brazil and in other markets. Adding a Brazil-based trading operation would extend the company’s reach into the sourcing of major traded crops and proteins, a shift that fits a wider pattern of consolidation across the agriculture trading sector.
