Viterra completed the acquisition of Gavilon from Marubeni for $1.13bn.

Viterra, a grain handling company, completed the acquisition of Gavilon, a company that originates, stores and distributes grains and oilseeds, from Marubeni, a trading and investment business conglomerate, for $1.13bn. "The addition of Gavilon supports our long-term strategy of significantly increasing our presence in the United States, one of the major producing and exporting regions, which will further strengthen our global network. The combination of the Gavilon and Viterra origination businesses will enable us to provide more value and flexibility to our customers. We will be able to rapidly enhance our sustainable supply chains, provide higher levels of quality control and reliability, while creating exciting opportunities for our customers and employees," David Mattiske, Viterra CEO.