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.
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.
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.
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 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.
