Food Division News & Topics
Purchase of Grain Silos Owned by AGP Grain
Grain elevators that Marubeni purchased in North America
Marubeni, through wholly owned subsidiary Columbia Grain, Inc., has purchased grain elevators and other assets in North America held by AGP Grain, Ltd. This move has enabled Marubeni to develop a more robust grain silo network in the United States, the world’s most consistent producer and supplier of grain.
Investment in Aeon TOPVALU and Aeon Global Merchandising
AEON private brand (PB) product "TOPVALU"
Marubeni has invested in two functional subsidiaries of AEON CO., LTD.—Aeon TOPVALU Co., Ltd. and Aeon Global Merchandising Co., Ltd. This investment is intended to allow the Company to take optimal advantage of its functions and expertise as a general trading company, as well as further strengthen its development functions for private brand (PB) products and its raw material procurement capabilities.
Business Alliance with SOTETSU ROSEN
SOTETSU ROSEN Co.,Ltd,
Marubeni has entered a comprehensive business alliance with SOTETSU ROSEN Co., Ltd., a subsidiary of
SAGAMI RAILWAY Co., Ltd., which is looking to strengthen its hand in the supermarket business. The agreement will largely see Marubeni support the company in improving its corporate value, while granting priority to Marubeni in any negotiations regarding capital participation in SOTETSU ROSEN.
