Marubeni to acquire Gavilon Holdings

Marubeni Corporation has entered into an equity interest purchase agreement to acquire all the equity interests of Gavilon Holdings.

Gavilon, headquartered in Omaha, Nebraska (US), owns and operates a US-based grains, fertiliser, and energy commodities distribution and storage network.

Overview of the Transaction Marubeni, through a newly established wholly-owned US subsidiary, will acquire 100% of the direct and indirect equity interests of Gavilon from the current direct and indirect equity interest holders.

The expected equity acquisition price is approximately $3,600m, subject to a purchase price adjustment.

Source: Marubeni