Jun 20, 2018
Mitsui to acquire majority stake in Mexican agricultural supplier
Mitsui & Co Ltd (Mitsui) has made the decision to acquire 80 percent shares of Consorcio Agroindustrias del Norte SAPI de CV (CAN) from the company's current shareholders.
With head office in Sinaloa State, Mexico, CAN is the holding company of Nueva Agroindustrias del Norte, SA de CV (Adelnor), one of Mexico's leading agricultural supply companies. Upon conclusion of the share transfer agreement and other relevant contracts and receipt of regulatory approval from the relevant authorities, CAN will become a consolidated subsidiary of Mitsui.
Read More: Mitsui to acquire majority stake in Mexican agricultural supplier