AGI acquires Milltec Machinery for $109.5 million

Ag Growth International (AGI) has agreed to acquire 100% of Milltec Machinery, a manufacturer of rice milling equipment in India, for $109.5 million plus up to $38.4 million in earnouts. The transaction is expected to close by March 31, 2019.

“The acquisition of Milltec is the next step in AGI's 5-6-7 strategy”newswire.ca

• 1 source
• newswire.caAGI Announces Platform Acquisition in IndiaAg Growth International Inc. (AGIMar 11, 2019

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