Cargill has dropped out of the bidding to buy Nutreco, the
Dutch company that owns Shur Gain and Landmark feed mills in Canada.
It was
bidding against SHV, a Dutch investment company.
SHV said
Dec. 24 it owns 18 per cent of Nutreco’s shares.
Minneapolis-based
Cargill said Dec. 22 it is no longer pursuing a deal after considering “the
attractiveness of acquiring Nutreco relative to alternative potential investments.”
Nutreco
bought Shur Gain and Landmark from Maple Leaf Foods Inc. in 2007.
