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Cofco Group Co., Ltd. completed the acquisition of a 51% stake in Niedra, a Dutch agricultural commodities trading group, and a 51% stake in Noble Agriculture Co., Ltd., a Hong Kong-based supply chain management company. The investments were made jointly with financial investors including Hopu Investment, IFC, Temasek, and Standard Chartered Private Equity.
“one of the important reasons for the cooperation was the strong complementarity between Nidra, Noble Agriculture and the whole industry chain of grain, oil and food of Cofco.”mysheen.com
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