Announced
Synopsis
Tokio Marine, a global insurance and risk-management group, agreed to acquire Commodity & Ingredient Hedging, a Chicago-based provider of technology-enabled risk management services for the agricultural economy, from Falfurrias Capital Partners, a private equity firm. Financial terms were not disclosed. "Through our partnership with Falfurrias Capital Partners, we've worked together to strengthen our technology, expand our service model, and position CIH for continued growth. Joining Tokio Marine will allow us to extend our reach, broaden our capabilities, and deepen the support we provide to clients navigating complex commodity markets," Pat Gregory, CIH CEO.
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