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GCM Grosvenor, a global alternative asset management firm, announced the acquisition of all the shares of Mobil Grain Ltd. from AGT Food and Ingredients Inc. This acquisition includes MobilGrain’s agriproducts commodities handling and transportation business units, as well as its shortline rail and bulk handling infrastructure.
MobilGrain, based in Saskatchewan, operates shortline railroads and bulk handling terminals, playing a vital role in Western Canada’s agri-food logistics network.
AGT Foods is one of the world’s largest suppliers of value-added pulses, staple foods and food ingredients.
Parties
Company
GCM Grosvenor
Company
AGT Food and Ingredients Inc.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
14 January 2025