News 144 views last update:6 Aug 2012

Growmark reduces shares of maltaCleyton

Growmark will reduce its investment in a Mexican feed manufacturer maltaCleyton. This is because the French company Evialis plans to purchase 70% of the Mexican feed firm.

Bloomington-based cooperative Growmark Inc. has owned as much as 50% of maltaCleyton since 1996 through a wholly-owned subsidiary and will retain 10% ownership interest in the business. The management staff of maltaCleyton will retain 20% of the ownership.

Related news:
Evialis buys majority of maltaCleyton  

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