China’s Biggest Grain Trader Sets up JV with CIC
Posted on 05/12/2015
Chinese state-owned COFCO Corporation, also known as China National Cereals, Oils and Foodstuffs Corporation, is the country’s biggest grain trader. COFCO is forming a joint venture with the China Investment Corporation (CIC) to manage COFCO’s investments in Rotterdam-based Nidera and Noble Group’s agribusinesses. COFCO owns 51% of Noble Group’s agribusiness and 51% of Nidera. In […]
