Bolux Milling Affiliate Partnership

Seaboard has closed on the acquisition of 49% of Bolux Milling in Botswana through a capitalization of funds to be used to expand and modernize the flour milling operations of Bolux.  Bolux grain milling and pasta operations fit strategically into Seaboard’s portfolio of grain processing assets and strengthens Bolux via access to Seaboard’s grain supply chain, both internationally and in South Africa.