Matão, São Paulo, Brazil, December 4, 2025 – Citrosuco, one of the world’s largest integrated producers of orange juice, today announced that the Public Sector Pension Investment Board (PSP Investments) will join its shareholder group, paving the way for a long-term strategic partnership. PSP Investments’ Natural Resources group has extensive experience and a proven track record in investing in agriculture and timber globally — including permanent crops. This expertise will support Citrosuco’s long-term growth strategy in orange production and processing while strengthening opportunities for diversification.
“We are pleased to welcome PSP Investments as a strategic partner,” said Mario Bertoncini, CEO of Citrosuco. “PSP brings complementary sector expertise, strengthens our capital base, and adds a long-term investment horizon that aligns with our commitment to sustainability, competitiveness, resilience, diversification, and global growth.”
Following the closing of this transaction, Citrosuco’s shareholder structure will include Grupo Fischer, Votorantim S.A., and PSP Investments who will be holding a meaningful minority ownership stake.
“Our investment in Citrosuco reflects PSP’s confidence in the long-term potential of the food and agriculture sector and our commitment to responsible investing," said Marc Drouin, Senior Managing Director and Global Head of Natural Resources at PSP Investments. "We are proud to support Citrosuco as it embarks on its next phase of growth and to help create lasting value alongside like-minded partners.”
The company is undertaking one of the largest orchard expansion programs in its history, focused on regions adjacent to São Paulo’s citrus belt.
“This initiative will increase productivity, improve fruit quality, increase the share of company-grown fruit used in production, and scale up production — strengthening long-term competitiveness and supply security while promoting sustainable agricultural practices,” said Mario Bertoncini. “This expansion is also part of a broader vision of long-term resilience.”
Citrosuco reinforces its commitment to innovation through the development of new products, processes, autonomous technologies and through the adoption of natural solutions that add value to the citrus chain. One example is Evera, the company’s value-added ingredients division launched in 2022. Evera develops premium citrus-derived components such as essential oils, aromatic fractions and fiber ingredients that serve as natural alternatives to synthetic products. With manufacturing operations in Brazil and the United States, Evera supplies leading players in the flavor, fragrance, beverage, and food industries, contributing to innovation and supporting the company’s broader strategy of portfolio diversification.
This focus on innovation is matched by a strong commitment to sustainability. Citrosuco is recognized as a global leader in sustainable practices in the citrus sector, with a strong commitment to sustainable agriculture and rigorous health and safety standards. The company has set ambitious goals and continues to advance water and energy efficiency initiatives. All company-grown fruit is certified under international sustainable agriculture standards, and Citrosuco is pioneering carbon-credit programs supported by existing orchards and regenerative land-use practices.
Looking ahead, Citrosuco reaffirms its commitment to sustainable growth, innovation, and operational excellence, continuing to transform oranges into value responsibly and with positive impact across the entire supply chain.
The transaction is expected to close in the coming months, subject to customary closing conditions.
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About Citrosuco
Citrosuco is one of the world’s largest producers of orange juice and citrus ingredients, operating with full integration across the value chain, from company-owned and partner orchards to large-scale industrial processing, dedicated port-terminal storage, and global logistics supported by a specialized shipping fleet. Headquartered in Brazil and operating across the Americas, Europe, Asia, and Oceania, the company exports to more than 100 countries, supplying the food, beverage, nutrition, and flavor industries with a portfolio that includes juices, NFC (not from concentrate), essential oils, d-limonene, fibers, and high value-added ingredients developed by Evera. Recognized for its leadership in sustainability, traceability, regenerative agriculture, and ESG-aligned innovation, Citrosuco employs around 7,500 people and maintains strategic partnerships that drive regional development and strengthen the competitiveness of Brazilian agribusiness. For more information, visit citrosuco.com
About PSP Investments
The Public Sector Pension Investment Board (PSP Investments) is one of Canada’s largest pension investors with CAD 299.7 billion of net assets under management as of March 31, 2025. It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources, and credit investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. For more information, visit investpsp.com or follow us on LinkedIn.
About Grupo Fischer
Founded in 1932, Grupo Fischer has built a trajectory of more than nine decades defined by stability, continuity and an unwavering commitment to values that transcend generations. With a strong presence in agribusiness, the group preserves across all its business areas the same principles that have guided its history since the outset: ethics, honesty and integrity. Guided by a long-term vision, the group prioritizes sustainable and responsible growth, remaining well positioned for the decades ahead. In addition to its stake in Citrosuco, Grupo Fischer’s investment portfolio comprises apple cultivation and apple juice production, real estate and a range of other financial investments across multiple sectors, geographies, and asset classes. For more information, visit grupofischer.com
About Votorantim
With 107 years of history, Votorantim is a permanently capitalised investment holding company with a long-term approach, seeking superior financial returns alongside positive social and environmental impact. Its current portfolio includes Votorantim Cimentos, Banco BV, CBA, Auren, Nexa, Citrosuco, Motiva, Acerbrag, Altre, 23S Capital, Hypera and Reservas Votorantim. Votorantim is part of a select group of Brazilian companies rated investment grade by the world’s three leading credit rating agencies. For more information, visit votorantim.com.
Media Relations
Citrosuco | Imagem Corporativa | citrosuco@icc.com.br
PSP Investments | media@investpsp.ca