Mitsui & Co. : Marubeni says to buy Gavilon for $3.6 billion
May 29, 2012 at 08:41 am
By
Share
TOKYO (Reuters) - Marubeni Corp, Japan's fifth-biggest trading house, said on Tuesday it would buy 100 percent of U.S. grain merchant Gavilon Holdings LLC for $3.6 billion.
Gavilon is the third-biggest U.S. grain merchant in terms of the size of its marketing network, behind Archer Daniels Midland and Cargill, and also has large energy and fertilizer trading assets.
Owners of Gavilon include hedge fund manager Dwight Anderson and billionaire investor George Soros.
(Reporting by Yuko Inoue; Editing by Michael Watson)
Mitsui & Co., Ltd. is a diversified group organized around 7 sectors of activity:
- distribution of chemical products (24.3% of net sales);
- distribution of foods, consumer products and pharmaceuticals (23%). The group is also engaged in real estate asset management;
- production and sale of gas and oil products (22.1%);
- production of minerals and non ferrous metals (16.2%);
- manufacturing of industrial engines equipments (7.3%);
- distribution of iron and steel products (5.2%);
- other (1.9%): primarily sale of IT and communication products, financing and logistics services.
MITSUI & CO., LTD. 
By 
