Investments · Agriculture (non-GMO soybeans)
Mitsui buys half of Ohio non-GMO soybean handler Bluegrass Farms
- Investor
- Mitsui & Co. (via Mitsui & Co. (U.S.A.)) (Tokyo)
- In
- Bluegrass Farms of Ohio, Ohio
- Value
- About $15M including debt, for 50%
- Status
- Closed on October 16, 2015.
- Date
- 2015-10-16
Mitsui & Co. (U.S.A.) bought 50% of Bluegrass Farms of Ohio, a handler of non-genetically modified soybeans and grain. The target's chief executive put the value at about $15 million including debt; the figure comes from media reports only.
Why it matters
The stake gave Mitsui a US supply source for non-GMO soybeans, which are in demand from Japanese food makers.
Sources
Kakehashi M&A News home
