China’s COFCO to Acquire 51% Stake in Noble’s Agricultural Division for US$1.5 Billion

China’s largest grain trader COFCO Corporation will pay 1.5 billion U.S. dollars to acquire a 51-percent stake in the agricultural unit of Singapore-listed supply chain manager Noble Group, Noble said on Wednesday [2 April 2014]. The deal will lead to a joint venture that will link COFCO’s grain processing and distribution business with the agricultural

Agriculture Industry Leaders Meet in Beijing to Discuss Improving China’s Supply Chain

In order to keep pace with the rapid development of modern agriculture, it’s imperative for China to build robust systems for production management, and food safety, and to develop highly trained, professional managers to lead Chinese agribusinesses. Hence, officials, experts and entrepreneurs in the field of agriculture got together at the 2nd China International Agri-Business

China Grain & Logistics Corporation Becomes Subsidiary of COFCO

China’s largest food processing company, China National Cereals, Oils and Foodstuffs Corporation, will take China Grain and Logistics Corporation as its subsidiary, the State-owned Assets Supervision and Administration Commission of the State Council said on Tuesday [March 12, 2013]. “With the approval of the State Council, China Grain and Logistics Corporation will become COFCO’s wholly

China’s Largest Food Processor & Supplier, COFCO, is Spread Too Thin with Property Interests

China National Cereals, Oils and Foodstuffs Corp (COFCO), the mainland’s largest processor and supplier of agricultural products, plans to transfer ownership of its mainland real estate assets onto the struggling Hong Kong-listed property firm it purchased over the summer, COFCO chairman Ning Gaoning told the media earlier this month. COFCO is just one of the

China’s COFCO to Expand Investments in “World’s Major Production Areas” over the Next 4 Years

China National Cereals, Oils and Foodstuffs Corp, or COFCO, plans to accelerate its expansion program abroad to meet growing demand at home. Ning Gaoning, chairman of the State-owned food processing giant, said the company is looking to expand its network of investments in the “world’s major production areas” for agricultural goods, namely South and North