UAG has completed an institutional private placement lead by a syndicate of banks composed by Wellington West, Canaccord Capital and Macquarie Bank.
Newly raised funds will be deployed to expand the land ownership of the company and diversify into additional agricultural activities.
Great Wheat Harvest And Good Soybeans Sowing Season Tuesday, 10 January 2012 UAG has finalized an excellent wheat harvest, with high yields that far exceeded what was originally budgeted. Simultaneously with the wheat harvest, soybeans were seeded, totaling a much high... |
Uag Has Finished Sowing Its Rice Monday, 21 November 2011 UAG has finished sowing its rice at all of its farms. Even though we had a tough seeding season beginning due to excess rain, UAG teams at the farms managed ... |
Uag Has Acquired Two Farms Adjacent To Previously Owned Properties Wednesday, 24 August 2011 UAG has signed the acquisition of two new properties that will be part of Region 1 on the NE. Both farms are located at Rivera near to the Brazilian border. La Pradera ... |
Uag Has Acquired A Significant Stake In Casarone Agroindustrial Tuesday, 23 August 2011 UAG has acquired a 19.6% stake of Casarone Agroindustrial. Casarone owns two farms on the NE of Uruguay which together account for more than 20,000 hectares of land suitable for rice ... |
100% Of Uag’s Cattle With Traceability Thursday, 4 August 2011 During July, UAG finished the traceability of 100% of its cattle older than 6 months old. This means that all of UAG’s cattle have been identified with an ear-tag with ... |
Progress With The Wheat Sowing Wednesday, 22 June 2011 We finished the wheat sowing in San Francisco, San Luis and Arroyo Blanco. We were able to sow 100% of the hectares planned. So far, wheat has grown and developed ... |
New Land Acquisition Saturday, 4 June 2011 We have acquired our second property at the province of Treinta y Tres. It´s name is La Quemada and has a surface of 918 hectares. Our main activities there will be... |
We Have Begun The Wheat Sowing Season Saturday, 4 June 2011 At this date, 3rd June 2011, we have sown more than half of the wheat area planned for this year. Sowing started at La Beba and La Victoria properties, and ... |
Completion Of The Soybean And Rice Harvest Saturday, 4 June 2011 Last may 2011 we completed the harvest of soybean and rice for this year. Rice productivity was very good, keeping time with the moment when Uruguay obtained the largest volume of rice cr... |
Uag Announces A New Acquisition Friday, 13 May 2011 We have just acquired our fifth property of 2011. Its name is El Pantanoso and is located on the North East of Cerro Largo province. It has a surface of 3,013 ... |
New Acquisition In Paysandú Friday, 13 May 2011 We have recently acquired a new property in the province of Paysandú. The property, La Victoria, has 4,286 hectares and has become UAG´s third acquisition in this province. La Vi... |
Uag Has Just Bought A New Property In The Province Of Tacuarembó Monday, 2 May 2011 UAG has just bought a new property in the province of Tacuarembó. It has 2816 hectares and we have called it Aldea San Joaquín. It has medium-height fertility soil and ... |
Uag´s Newest Property Thursday, 28 April 2011 We have just acquired our third property in the province of Cerro Largo. We have named it Paso Arriera and it has 1999 hectares. This property will be used for ... |
Uag Will Give A Conference At The Uruguayan Agricultural College Wednesday, 27 April 2011 Next Friday, 29th April 2011 UAG will give a conference at the Uruguayan Agricultural College. The topic will be "UAG´s Productive Project proposals and Open Tender.” The conference will begin at... |
Uag Participated In An Agribusiness Conference In San Pablo Wednesday, 27 April 2011 UAG has participated in an Agribusiness conference regarding foreign investments and agricultural expansion offers. It took place at the Sociedad Rural Brasilera´s Headquarters located in Sao Paulo, Brazil. UAG was ... |
El Castillo: New Acquisition Wednesday, 6 April 2011 We have recently acquired a new property, El Castillo, which has 1975 hectares of top quality Estate. It is located 60 kilometers from the provincial capital of Salto. This is ou... |
Research And Development Open Tender Wednesday, 23 March 2011 Within the framework of its Corporate Social Responsibility Program, and with the purpose of promoting and encouraging projects in the field of innovation, research and development, Union Agriculture Group S.A. (U... |
Uag Continues To Expand In The North Thursday, 10 March 2011 Continuing its expansion phase, UAG acquired its first property in the Province of Artigas. The property, Colonia Palma, and has more than 1,200 hectares of land. Colonia Palma has soils ... |
Extending Yaguarí Friday, 25 February 2011 UAG added 266 hectares to its Yaguarí estate located in Tacuarembó. This extension of Yaguarí is very important to the dairy farm, as it will improve the distribution of grazing ... |
Uag’s 4th Round Of Private Finance Wednesday, 9 February 2011 We have successfully closed UAG’s fourth round of private finance after having deployed all previously raised funds in accordance with our strategic plan and program. This private finance package was coordinated by a... |
Uag's Successfull Grains Production Wednesday, 26 January 2011 Currently all our rice fields are being irrigated following a superb emergence of the plants and excellent development during the crop's first stages of growth. The crop is entering the ... |
Uag Begins 2011 With A New Acquisition Thursday, 20 January 2011 UAG signed its first acquisition of 2011. The property, "La Beba" comprises5,220 hectares, more than half of which will be used for grain production through the double cropping system of so... |
A New Land Acquisition Friday, 17 December 2010 Last week UAG made a new acquisition. We have named this property Melo because it´s located two kilometers from the provincial capital of Cerro Largo, Melo. This 207 hectare estate wi... |
New Acquisition In The East Of The Country: MerÍn Wednesday, 8 December 2010 UAG has closed the acquisition of its new property named Merin. It has 12.135 hectares of land and is our first property in the province of Treinta y Tres. Me... |
Wheat Harvest Has Started In Villa Lucero Monday, 29 November 2010 Last Friday, November 26th, we began harvesting wheat in Villa Lucero and achieved a high yield crop. The harvest will be complete in less than two we... |
Certification Of Quality Management System For Iso 9001:2008 Uag Monday, 29 November 2010 Since 2008, UAG has been working on the quality management system. Our Human Resources Department was adequately trained and has worked hard to achieve the recognition of the company management ... |
Official Opening Of Our Company Monday, 29 November 2010 Last Thursday, November 25th, we celebrated the opening of our new building in the presence of national authorities and leading representatives of local and international business en... |
Global G.a.p. Have Certificated Our Blueberries Monday, 29 November 2010 Since May, we have been working to obtain the quality certification in good agricultural practices in our blueberries. In the pre-harvest season we have trained our staff in food hygiene an... |
We Keep Progressing With Rice And Soybeans Sowing Thursday, 21 October 2010 Rice sowing at our properties in Rivera is progressing as planned. Rice cultivars being sown are: Arrayán, Puitá CL and Avaxi. Over 500 hectares of rice were sown this week at Sa... |
Sowing Season Friday, 15 October 2010 This week at Villa Lucero we have successfully completed the sowing of rice and we have begun sowing sorghum and soybeans, taking advantage of the optimal soil moisture conditions. Moreover, ... |
Blueberry Harvest Will Start Next Week Friday, 15 October 2010 Blueberries harvest will be starting in the next few days. During the last months we have been preparing for this season: improving the farms’ infrastructure, purchasing new machinery and training ... |
Positive Evaluation Of Beef Cattle BirthsFriday, 15 October 2010 Beef cattle birth season is proceeding favorably. So far 1,500 Aberdeen Angus and Hereford calves have been born of 4,500 that are expected by the end of November. These calves ... |
High Expectations For Honey Harvest Friday, 15 October 2010 This month we continued to prepare our honey harvest taking special care of bee’s growth and fecundation. We expect a 40% growth in our beehives and a big volume of ... |
Uag Has Acquired New And Sophisticated Machinery Thursday, 7 October 2010 Having high-quality machinery is a key factor for the success of crops in the agricultural sector. It is for this reason that UAG acquired new and modern machinery. Sowing machines ... |
Our First Braford Calves Have Been Born Wednesday, 29 September 2010 On September 16th we received with enthusiasm the birth of our first two Braford calves. One female and one male. They were the first result from the importation of embryos ... |
Uag Latest Acquisition: Itacabó Friday, 10 September 2010 Yesterday (September 9th, 2010) we closed our most recent acquisition called Itacabó. This property has an extension of 7,064 hectares and it is our first property in the Province of ... |
Agreement With Tecnovital Tuesday, 24 August 2010 UAG signed an agreement with the blueberries exporter TECNOVITAL www.tecnovital.com. At the same time, the company VITALBERRY MARKETING CHILE www.vitalberry.cl is the main shareholder of TECNOVITAL. Both companies are well ... |
New Acquisition: Sarmento Monday, 16 August 2010 UAG announces its latest addition named "Sarmento". It is a property of 980 hectares which will be effectively acquired when all legal formalities are met by the seller. Sarmento is ... |
Acquisition Arroyo Blanco Tuesday, 27 July 2010 UAG announces the closing of the acquisition of a new property to expand our north east agricultural pole. Arroyo Blanco is a farm of 3.611 hectares in the northern department ... |
Growth Of Apicultural Production Potential Friday, 9 July 2010 In order to increase the production potential of the apicultural business unit UAG has decided to start up activities on the northern properties of UAG. For that reason we have tr... |
Infrastructural Projects Wednesday, 30 June 2010 Now that winter has begun in Uruguay and wheat has been seeded we have time to work on infrastructural projects. At all our properties we have done careful screening of th... |
Acquisition San Luis Friday, 4 June 2010 Last week we closed our most recent acquisition, namely San Luis. This is now our most northern farm that is bordering Brazil. It has 2.897 hectares and will be used fo... |
Financing Tombstone Delivered To Uag Friday, 4 June 2010 UAG celebrated the completion of its last private placement and received a tombstone of the deal during a dinner to which all of the company’s staff participated. The celebration was al... |
Identification And Traceability Of Cattle Friday, 4 June 2010 A time consuming activity has been the identification of all cattle at our farms. The Uruguayan ministry of agriculture launched a mandatory program which requires the individual registration of livestock by... |
Seeding Wheat Friday, 21 May 2010 After the harvesting season we have now started the seeding of wheat on our farms in the north of Uruguay. This winter crop is ideal for our rotation system as it... |
Integration Of Villa Lucero Tuesday, 18 May 2010 At our recently acquired farm Villa Lucero we have started several activities to integrate the farm into our agricultural management plan. In April and May we have harvested the rice and so... |
Harvesting Of Soy Beans Well Under Way Friday, 30 April 2010 UAG has started the harvesting of soy beans on its farms. By mid April plants were mature enough for harvesting and climatic conditions were adequate for the start of operations. ... |
New Acquisition Villa Lucero Wednesday, 21 April 2010 Last week the legal proceedings were finalised for the acquisition of a new farm through the signing of the final contract by UAG chairman Juan Sartori, director Jérome Tordo, CFO ... |
Uag Management Visits Rice Harvesting Friday, 26 March 2010 UAG Chairman Juan Sartori and CEO Oscar Costa visited the harvesting of our rice production. This is the first harvesting of rice in the history of UAG. We have started the ... |
New Machinery Thursday, 11 March 2010 For our farms in the north of Uruguay we have bought several new equipments of ´state of the art´ technology. The equipment we bought includes sewing equipment, harvesting machines and ... |
Rice Ready For Harvesting Wednesday, 10 March 2010 Our rice production has shown excellent growth in recent months. It hasn't been necessary to apply more fertilizer as climatic conditions were in this last phase very favourable to production (h... |
Update On Apicultural Activities Wednesday, 10 March 2010 As a result of steady rainfall in recent months, our beehives have been developing rapidly and with good reproduction rates. Thanks to this our deployment program will be completed ahead of schedule. Our next project is to install new beehives in Yaguarí... |
Soybean Has Been Seeded In San Francisco And Yaguarí Friday, 15 January 2010 In San Francisco, soybean is a first crop since it was seeded on plots that rested for more than six months. On the other hand, Yaguarí has only second crop ... |
New Milking Cow Facility At Yaguari Wednesday, 13 January 2010 Thursday, 13th January 2010 The dairy farm is planned to be developed at Yaguarí. Next month a new milking facility will start to be built in order to be able to ... |
New Year Celebration At José Ignacio Friday, 8 January 2010 Friday, 8th January 2010 The last week of December our staff and their family celebrated the arrival of 2010 at a farmhouse in José Ignacio located thirty kilometres from Punta del ... |
Heifers Were Inseminated With Australian Braford Embryos At Casco Patricio Monday, 4 January 2010 Last December UAG started with the embryo transfer program using Braford embryos imported from a very well internationally recognized pure bred farm in Australia. The Braford breed offers two important ... |
November At La Verónica Tuesday, 24 November 2009 We keep improving the pasture at La Veronica. Sorghum for grazing in summer time has been recently seeded. It will be grazed using a rotational system with very low ... |
New Qualified Staff In Our Team Tuesday, 24 November 2009 The Agronomist Engineer Juan Jose Mastropierro is being appointed as the new manager for the commercial crop division. Juan Jose has graduated from the College of Agriculture and is an ... |
The Best Embryos To Increase Profitability Tuesday, 24 November 2009 New genetic material has been imported in association with the biggest insemination company in the world, SELECTA, to set up the basis for our Braford pure operation. Embryos have been ... |
Milking Holstein Cows Next Spring At Yaguari Tuesday, 24 November 2009 The Doctor Gustavo Ortiz, an specialist in developing milking facilities, visited Yaguarí in order to enlarge facilities for milking 500 cows. A new milking machine for 24 cows at a time, ... |
Business Meeting At Yaguari Tuesday, 24 November 2009 Last month our top management team had a business meeting at our farm Yaguarí. They analyzed the basis of exporting pregnant Holstein heifers from Uruguay for dairy farmers in Brazil. ... |
La Verónica Has Been Extended Tuesday, 24 November 2009 La Veronica has increased in area to 7287 hectare. UAG just bought 2118 hectare conforming a larger and more productive ranch. Soils of the new area are higher quality and that will ... |
El Tinto Acquisition Monday, 9 November 2009 Monday 9th November, 2009 Today at midday UAG signed the purchase of a new farm: EL TINTO. It is a 1.597 hectare farm next to Yaguarí and from an operational standpoint ... |
Rincón De La Pipa: Continuing Our Integration Strategy Wednesday, 28 October 2009 27th October, 2009 Yesterday UAG purchased Rincon de La Pipa, a 2666 hectare farm located in Cerro Largo Province. This property will be operated rotating grain production (soybeans and wheat) with ... |
Uag Purchases Large Grains Operation Wednesday, 28 October 2009 26th October, 2009 On Monday evening UAG signed the purchase of a new property at the north of Uruguay: Establecimiento Yaguari.Yaguari is located in Tacuarembó Province, fifty kilometres away from the ... |
A New Land Acquisition At The North Of The Country Thursday, 22 October 2009 22th october, 2009 San Francisco is a new farm UAG starts to operate today. It is located in the Rivera province, 400 kilometers northeast Montevideo. It is a 3,710 hectare farm ... |
La Veronica´s Wool Samples Tuesday, 6 October 2009 6th october, 2009 We have sent wool samples to be analyzed at the Uruguayan Wool Secretariat. The samples will be tested for strength, fibre length, bulkiness, diameter and chemical contamination. The ... |
The Apiculture Season Has Started Monday, 5 October 2009 5th october, 2009 We are preparing the production of our first's queen bees and we keep working to increase the number of beehives. On the other hand, we are searching for new establishments to ... |
We Keep Working In The Eucalyptus Plantation Thursday, 1 October 2009 30th september, 2009 We applied urea. This chemical product increases the quality of the crop by providing nutrients to the plantations as well as supports their growth and helps to overcome possible ... |
Plants In Good Shape Tuesday, 29 September 2009 28th september, 2009 The sanitation of our plants have been so far excellent, with all of them in a very good state of health. Also, the transplanted plants are recovering, showing ... |
September Rainfalls Monday, 7 September 2009 7th September, 2009 Fortunately La Veronica registered 158 millimetres of rains in the first week of September, exceeding the reservoirs storage capacity. Apart of this we fenced the field for the ... |
Uag Top Management Trip Saturday, 5 September 2009 August 2009 In august UAG successfully completed a second private placement among institutional investors. This new financing puts us in an even better competitive situation with a strong balance sheet and a ... |
Pruning In Process Monday, 27 July 2009 27th July, 2009 We have been making the annual pruning in all the blueberry fields. We expect we could end this task by the end of August. We focused mainly on ... |
Machinery Safety Courses Monday, 27 July 2009 18th July, 2009 On 17th July we started a new course aimed at all the personnel in our fields. It was taught by our machinery specialist, Mr. José Pintos, and was ... |
La Verónica Took Part In The 73rd Screen Auction Tuesday, 23 June 2009 23th June, 2009 In the 73rd screen acution two lots of excellent condition livestock were ... |
La Verónica: Supplement Food For Calves Monday, 22 June 2009 22nd june, 2009 In order to keep and strengthen the smallest calves, we placed them in natural land feeding them with oats and beginning ration. We continue branding female calves and ... |
This Week Cows And Bulls Were Marked In La Verónica Friday, 19 June 2009 15th June, 2009 Cows and bulls were marked in La Verónica. On the other hand, ovines were sheared. The main reason to shear is wool selling but also because sheeps stay light ... |
We Keep On Training Tuesday, 9 June 2009 29th may, 2009 From May 25 to 29th, our Blueberries Project Manager, Andrés Costa, has assisted to a training event in Chile. This training had two courses: "Second technical-commerce update seminar ... |
La Verónica: Traceability And Cleaning Of The Oat Zone Friday, 29 May 2009 28th may, 2009 We did traceability and castration this month. We cleaned the oats sowed zone and ryegrass taking out the stones. We will plant eucalyptus in order to give cattle shade ... |
Traceability At Casco Patricio Friday, 29 May 2009 28th may, 2009 Many calves have received their identification device. This process not only let us identify each animal with a unique lifetime number, but also is an excellent way to control ... |
Our Beehives Grow And Improve Monday, 13 April 2009 13th april, 2009 Since January our apiculture section has amazingly improved and the beehives have responded accordingly. We have 827 beehives, seven of which have an apiary whose queen bees were ... |
We Sowed La Verónica Monday, 13 April 2009 13th april, 2009 In just one week, one hundred and twenty hectares of La Verónica were sowed with oat and ryegrass foreseeing the winter lack of pastures. Apart from that, more tan ... |
Drought Effects Reverted Monday, 13 April 2009 13th april, 2009 A great improvement is being noticed in all our blueberry fields, thanks to the latest rains, which made a notorious improvement over the situation of last summer.Almost all ... |
Uag In The Macquarie Bank Report Thursday, 12 February 2009 4th february, 2009 Union Agriculture Group has just been highlighted in a global agriculture report published by Macquarie Bank, where it was the only private company to be mentioned. The report studies ... |
New Year's Eve Party In Casco Patricio Wednesday, 24 December 2008 20th december, 2008 On Saturday UAG's team and its partners celebrated the arrival of 2009 in Casco Patricio. During the day they toured the countryside; lamb picnicked and enjoyed the spectacle ... |
Presents For Our Workers Wednesday, 24 December 2008 19th december, 2008 On Friday the Christmas baskets were given to our rural st... |
On Monday Postharvesting Activities Began Tuesday, 23 December 2008 15th december, 2008 Plants are currently being pruned so as to maximize yields and quality throughout the life of the planting. It promotes both plant survival and growth. Proper pruning practices ... |
Uag Completes Financing Monday, 15 December 2008 UAG has completed an institutional private placement lead by a syndicate of banks composed by Wellington West, Canaccord Capital and Macquarie Bank. Newly raised funds will be deployed to expand the ... |
21000 Kilos Of Blueberries Monday, 8 December 2008 8th december, 2008The blueberries harvest surpassed the expectations.The last figures indicate that the harvest overcame in 300% the estimated. In Arándanos del Fortín more than 12000 kilos of blueberries were ... |
Uag Has A New Acquisition: Casco Patricio Friday, 5 December 2008 5th december, 2008 A new cattle ranch for UAG Thirty kilometers from Punta del Este, in the province of Maldonado is Casco Patricio. Seven hundred and eighty one hectares mostly populated of bovine livestock ... |
End Of Harvest Celebration Friday, 5 December 2008 5th december, 2008 The blueberries harvest is over After a year of intense effort, 30 workers from UAG celebrated the end of the harvest.They shared a lunch and participated in a raffle ... |
The Third Honey Harvest Thursday, 4 December 2008 4th december, 2008On thursday we did our third honey harvest. 500 kilos of honey were extracted, which means that we have produced 1200 kilos till ... |
La Verónica: Our First Cattle Ranch In The North Of The Country Thursday, 4 December 2008 4th december, 2008 Where the river Daymán is born and in the province of Salto, 5167.3 hectares marvel with a sublime and extensive landscape. More than 3300 bovines and more than 6000 ovin... |
Apiculture: Adding Kilos And Enthusiasm Friday, 28 November 2008 28th november, 2008 Today the second honey harvest was done.Twenty five beehives gave two hundred kilos of ... |
Our First Honey Harvest Thursday, 27 November 2008 4th december, 2008 The project that has began four months ago, gave it first steps.Forty beehives were harvested giving five hundred thirty kilos of honey. We estimate that in the first cou... |
Apiculture Monday, 24 November 2008 Here we have some recent photos of ... |
Harvest 2008 Friday, 7 November 2008 We are starting harvesting our fields now, and fruit is being processed at "Frigorífico Modelo". We'd like to share some pictures with ... |
This website and these news releases in particular contain forward-looking statements that are not historical facts and include statements about our beliefs and expectations and the assumptions underlying them. These statements are subject to a number of important factors, risks and uncertainties that could cause actual outcomes or results to differ materially from those expressed in or implied by any forward-looking statement. Such factors include, but cannot be limited to, changes in natural conditions that affect our production, fluctuations in prices or changes in economic conditions of financial markets, the unpredictability of the company´s future access to capital, risks related to the land owned or occupied by the company, law or regulation changes or contingencies, potential defaults of counterparties, along with risks related to Uruguay and/or international markets. Forward-looking statements are based on plans, estimates and projections as they are currently available to management and speak only as of the date they are made. We undertake no obligation to update publicly any of them in light of new information or future events.