InVivo co-operative group has completed the takeover of Soufflet in a deal that valued its French agricultural group at 2.2 billion euros, InVivo’s CEO said today.
To finance the takeover, InVivo invested the company KKR in Soufflet's malt department for the price of 440 million euros. Exclusive talks have also commenced on the sale of the Soufflet Alimentaire unit to the French oilseed group Avril. Thierry Blandinieres said that on the sidelines of a press conference.
Source
Hansa Terminhandel GmbH