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Montevideo, November 21st 2017 - 15:51 UTC

Tag: Nidera

  • Wednesday, November 8th 2017 - 05:17 UTC

    Nidera Seeds, which operates mostly in Latin America, sold to Syngenta

    COFCO has spent more than US$3 billion buying Nidera and Noble Agri in the past three years, thrusting it into the league of multinational agricultural traders.

    Chinese grains trader COFCO International has agreed to sell its crop seeds business to Swiss-based Syngenta AG as it overhauls its activities following a series of major overseas acquisitions The deal to sell Nidera Seeds, which operates in Latin America, was announced by COFCO International and Syngenta in a statement on Monday.

  • Wednesday, March 5th 2014 - 04:52 UTC

    China buys majority stake in Nidera as part of its investment in food assets

    Nidera CEO Ton van der Laan said they were looking for a strong partner in China and the rest of Asia to expand.

    China's State-owned Chinese food giant Cofco Corp. on Friday announced it was buying a 51% stake in closely held grains trader Nidera NV. By investing in Dutch Nidera, Cofco--China's largest stated-owned grain trader-- would have greater control over pricing as well as better access to major grain-growing regions, such as Latin America and Russia.