Announced

CarVal Investors Management acquires CarVal from Cargill.

Synopsis

CarVal Investors' senior management team acquires CarVal Investors, a leading investment fund firm from Cargill, a leading agricultural producer. Financial terms were not disclosed. “Cargill is pleased to sell our interest in CarVal to the senior team that has successfully managed the firm for the past three years,” said Jay Olson, corporate vice president and treasurer of Cargill and chair of the CarVal Board of Directors. “We reached this decision through a collaborative process and are confident that CarVal will thrive as an employee-owned business.”

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