date:Dec 13, 2013
Cargill has acquired a minority shareholding in a deep sea port terminal in Novorossiysk on the Black Sea in south west Russia. The company has purchased a 25 per cent plus one share indirect interest from DeloPorts Limited in its subsidiary, OAO KombinatStroykomplekt (KSK).
We are pleased to announce this partnership with DeloPorts Limited, said Andreas Rickmers, head of Cargills grain and oilseeds operations in Europe. This strategic investment is in line with our intention to grow our operat