Marubeni to buy American grain merchant Gavilon Group for $3.6bn
date:May 30, 2012
global grains trade.

Gavilon was established in 2008 when Ospraie Special Opportunities fund acquired ConAgra Foods' commodity trading and grain storage operations. The private investors paid $1.6bn in cash and agreed to give ConAgra $525m in debt securities in the deal.

Following the acquisition, Gavilon's owners have expanded its grain storage network through acquisitions and construction. It currently has about 2,000 employees worldwide.
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