date:Mar 03, 2014
, the United Kingdom and Italy. It employs 3,800 people globally in agricultural, commercial and industrial operations.
The proposed transaction will provide Nidera with great potential for growth in the China market and also strengthen COFCO's position as a key player in the global agricultural industry through access to Nidera's global origination, trading network and its fast-growing seed business.
Yu Xubo, president of COFCO, called the deal a win-win agreement for both parties.
Nidera ha