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 […]
For Immediate release: November 2, 2015 Interra International, Inc. and PS International, LTD, a subsidiary of Seaboard Corporation, have agreed to combine their respective businesses into one company. The resulting entity, Interra International, LLC, will include all of Interra’s meat and poultry businesses, Interra Food Marketing, LLC, a subsidiary delivering consumer packaged goods to the […]
In early 2015, Seaboard acquired approximately 12% of Zalagh Holdings in a share capitalization. Zalagh is one of Morocco’s leading Turkey, Chicken producers and processers. Zalagh also owns substantial feed manufacturing assets and a controlling interest in Graderco, a grain importing company that is an important customer of Seaboard Overseas.
Seaboard has signed definitive agreements for the acquisition of 25% through a capitalization of Bag Yaglari Group, a cotton and soy crush operation based in Izmer and Iskenderun, Turkey. Bag Yag is a long-term customer of Seaboard’s grain trading business and the investment goes to further strengthen the supply relationship with Bag Yag. The proceeds […]
Seaboard acquired in late 2014 30% of RussellStone Protein, a soy crush operation based outside of Pretoria, South Africa. The business will be operated by our partner, the RussellStone Group in coordination with Seaboard’s South African grain trading office. Our grain trading business has an agreement whereby all of the soybean meal produced by RSP […]
Seaboard Overseas and Trading Group has concluded the purchase of 49% of Paramount Mills in South Africa. Paramount is an industrial milling operation, comprising of Paramount Mills being a wheat milling and maize milling operation and Prize Mills a leading branded biscuit manufacturer. The operation is situated in the coastal City of East London, from […]
On the 1st of July, 2013, Gambia Milling Corporation was inaugurated in Banjul, The Gambia. After over a decade of planning, looking at various options and discussions, Seaboard entered into an agreement to own and operate the first flour mill in the Republic of The Gambia. His Excellency President Sheikh Professor Alhaji Dr Yahya Jammeh, was […]