Cargill Incorporated /
ProGold
Cargill and Golden Growers Cooperative to own ProGold interests
- Terms
- Not stated
- Stage
- Agreement signed
- Seller
- American Crystal Sugar Company
What happened
Cargill Incorporated exercised its option to purchase a 50% interest in ProGold LLC from American Crystal Sugar Company. Golden Growers Cooperative also elected to purchase American Crystal Sugar Company’s remaining 1% interest, with the Cooperative and Cargill each set to own 50% of ProGold.
Golden Growers Cooperative will pay American Crystal Sugar Company a capital adjustment tied to certain facility project costs.
The source
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Cargill and Golden Growers Cooperative to own ProGold interests
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