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This document is a letter of intent for Greenwood Management to supply plantation grown coconuts to a local end user in the region of Bahia, Brazil. Greenwood Management are a forestry investment company with a focus on Brazilian and Canadian forestry and agricultural markets. The company has substantial forestry investments in both the regions of Bahia, Brazil, and New Brunswick, Canada.
Greenwood Management established in 2008 has grown substantially over the years and has now grown to become one of the largest forest producers in the local region of Bahia, whilst in Canada it has been reported independently based upon current market figures that Greenwood Management will hold approximately a 6% stake in the New Brunswick Christmas tree industry by 2018.
The company has made substantial investments into Brazil over the years owning approximately 5,000 hectares of plantation forestry, alongside this the company has announced its intentions to develop its horticultural division (GWP Horticultura) further throughout 2014.