Mitsui, a general trading company in Japan, agreed to acquire a minority stake in Euricom, a producer and supplier of rice, processed rice products, pulses, and other products, for ¥20bn. “After developing a trusted relationship with Mitsui over the last years, we are pleased to formally welcome Mitsui in Euricom’s shareholding. Mitsui has proven to be a reliable long-term partner helping family-owned companies, like ours, build a more institutionalised and global platform for growth while respecting the existing day-to day management and entrepreneurship of the company. This is exactly the type of support that we need in this critical juncture of the group’s development to take Euricom to the next level of growth and global reach,” Bruno Sempio, Euricom Chairman.