# Aboitiz Equity buys 75% stake in Gold Coin for $334M

Pilmico International Pte. Ltd., a unit of Aboitiz Equity Ventures Inc., has acquired a 75% controlling stake in Gold Coin Management Holdings Ltd., Asia's largest privately owned agribusiness company, for $334 million.

- Type: Acquisition
- Announced: 2018-08-02
- Where: Singapore
- Value: $334.0M
- Status: completed
- Products: animal feed, agribusiness products
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Aboitiz Equity Ventures Inc.](https://endata.com/companies/15774.md) (acquirer)
- [Gold Coin Management Holdings Ltd.](https://endata.com/companies/33533.md) (target)

## Sources

- [feedstrategy.com](https://www.feedstrategy.com/latest-news/article/15439945/poultry-animal-feed-mergers-and-acquisitions-for-july), 2018-08-02: "A controlling stake in Asia’s largest privately owned agribusiness company, Gold Coin Management Holdings Ltd., has been sold to Pilmico International Pte. Ltd., a unit of conglomerate Aboitiz Equity Ventures Inc., for $334 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.