Itamar Locks & family

Early Life

Itamar Locks is a Brazilian businessman and a key shareholder in the Amaggi Group, one of Brazil's largest producers of soybeans, corn, and cotton. Locks is the son-in-law of Lucia Maggi, who co-founded the company with her late husband, André Maggi, in 1977. Locks is a native of São Ludgero, Brazil.

Rise to Success

Locks's career is rooted in agribusiness and farming, and he previously served as the president of the agricultural division of Amaggi. He is one of the controlling shareholders and guides the strategic direction of the company. He is married to one of André Maggi's daughters, and his wealth is tied to the long-term, stable global demand for agricultural commodities. Amaggi produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.

Key Business Strategies

Itamar Locks is a key member of the controlling family of the Brazilian agribusiness giant, Amaggi. The company’s structural strength lies in its vertical integration across farming, logistics, and energy. In 2024, Amaggi had a revenue of R$44.87 billion.

Philanthropy

While specific philanthropic amounts are difficult to ascertain, Itamar Locks's involvement with Amaggi suggests an interest in sustainability and community development initiatives. Amaggi has been recognized for its commitment to sustainable practices, including the production of soy to specifications laid out by environmental NGOs.