Cargill Takes 25% Stake in Chilean Salmon Farmer Multi X
One of the biggest names in agriculture has made a notable investment in salmon farming.
Chile-based Multiexport Foods Chairman José Ramón Gutiérrez announced that agriculture giant Cargill will take a 24.5% stake in Salmones Multiexport S.A. (Multi X), a subsidiary of Multiexport.
The move will also see Japan’s Mitsui, a shareholder of Multi X since 2015, will increase its shareholding by 1.13%, to 24.5%. Multiexport Foods will maintain 51% control of the company following the two investments.
“Adding Cargill as a new partner of Multi X...
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