Viterra has officially acquired the grain and ingredients business of Gavilon Agriculture Investment for US $1.125 billion, plus working capital.
The final price is subject to certain price adjustments.
Gavilon, which is headquartered in Omaha, Nebraska, is a wholly-owned subsidiary of Marubeni America Corp. It originates, stores and distributes grain, oilseeds and feed and food ingredients to domestic and global markets.
The company’s assets are in major growing areas across the United States with access to major railroads, rivers and ports.
