Alico, Inc. (Alico) is a land management company operating in Central and Southwest Florida. Alico is involved in a variety of agribusiness pursuits, which include citrus production, sugarcane production and cattle ranching. Non-agricultural operations include leasing land for recreational, farming and grazing purposes, royalties from rock mining and real estate activities. The Company operates in two segments: agricultural operations and non agricultural operations. Its wholly owned subsidiary, Alico Land Development, Inc. (ALDI), is responsible for seeking and maintaining appropriate government entitlements. In November 2013, 734 Agriculture, LLC and Alico, Inc announced that affiliates of 734 Agriculture completed the acquisition of approximately 50.5% interest in Alico, Inc.