The company has purchased a 25% plus one share indirect interest from DeloPorts Limited in its subsidiary, OAO ‘Kombinat Stroykomplekt’.
“We are pleased to announce this partnership with DeloPorts Limited,” said Andreas Rickmers, head of Cargill’s grain and oilseeds operations in Europe. “This strategic investment is in line with our intention to grow our operations in Russia. It is our first investment in a Russian port on the Black Sea and will strengthen our offering to the market, providing a channel to connect our Russian grain operations to the rest of the world.”
Source: Cargill Incorporated
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