Viterra Inc. to acquire Gavilon Agriculture Investment, Inc.
January 26, 2022
1.13 Billion USD
On January 23, 2022, Viterra Inc. announced its US$1.125 billion acquisition of the Grain and Ingredients businesses of Gavilon Agriculture Investment, Inc., creating one of the world’s leading agribusiness companies.
Viterra Inc. is a global agri-business with operations in Canada, the United States, Australia, New Zealand and China. Viterra operates three distinct, inter-related businesses: Grain Handling & Marketing, Agri-Products and Processing, enabling it to generate earnings at various points on the food production chain from field to the table.
Following its US$6.1 billion acquisition by Glencore International, in January 2013 Viterra was merged with Glencore purchaser, 8115222 Canada Inc., headquartered in Rotterdam, the Netherlands.
McCarthy Tétrault is advising Viterra Inc. as Canadian counsel with a team led by Casey Halladay that includes Michael Caldecott and Alykhan Rahim (Competition).