Cargill has acquired a minority shareholding in a deep sea port terminal in Novorossiysk on the Black Sea in south west Russia. We have purchased a 25 percent plus one share indirect interest from DeloPorts Limited in its subsidiary, OAO “Kombinat”Stroykomplekt” (“KSK”).
This strategic investment is in line with our intention to grow our operations in Russia. It is our first investment in a Russian port on the Black Sea and will strengthen our offering to the market, providing a channel to connect our Russian grain operations to the rest of the world.
Should you receive any media enquiries please direct these to Corporate Affairs: Corinne_Holtshausen@Cargill.com