Swiss Zen-Noh Trading Buys 30% of Brazilian Cereal Group

Globo

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Company belonging to the main agricultural cooperative group of Japan bought slice of the Barauna family; value not disclosed

CNN Brasil

Factuality

Ownership

The Swiss trade Zen-Noh announced agreement to purchase 30% of the Groupe Cereal, a Brazilian company of grain origination, agricultural inputs and biofuel production, based in Rio Verde (GO). The value of the business was not disclosed. By the agreement, the Barauna family that created the Groupe Cereal, will maintain 70% of the shareholder participation and will continue to lead the strategic direction and operations of the company. The founde…