World Grain -- November 2015 - 16

NEWSREVIEW

ADM increases holding in Wilmar
SINGAPORE - In response to a query about an unusually highly
level of trading of its shares, Wilmar International Ltd. on Oct. 20
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shareholder in the company, has been purchasing shares.
Wilmar told the Singapore Exchange Securities Trading Limited
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22% of total sales volumes for Oct. 20.
On Oct. 16, ADM sold its cocoa business to Olam Internation-

al for $1.2 billion. ADM then increased its shares in Wilmar from
the17.3% that it reached in December 2014 when it purchased 60
million shares for $147 million. Wilmar has assets in soy crushing,
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throughout Asia. Wilmar reported that second-quarter earnings were
$201 million, or $3.20 per share, up 18% from $170 million, or $2.70
per share, in the same quarter last year.

Cargill completes acquisition of aquaculture feed company
MINNEAPOLIS, MINNESOTA, U.S. - Cargill announced on Oct. 8
that it has completed the acquisition of EWOS, a leading supplier of feed
to the international aquaculture industry, for €1.35 billion ($1.52 billion).
EWOS produces more than 1.2 million tonnes of salmon feed for
the biggest salmon producers in the world. It operates in all four the
world's major salmon farming regions: Norway, Chile, Canada and
Scotland. In addition, EWOS has entered the feed market in Vietnam.
In August, Cargill entered into an agreement with Altor Fund III
and Bain Capital Europe III to acquire EWOS. The deal closed after
meeting all necessary country regulatory approvals.
The acquisition makes Cargill's animal nutrition business a leading player in the growing salmon feed industry, one of the most advanced and professionally managed segments in global aquaculture,
the company said.

"The combination of Cargill and EWOS is a fantastic, long-term
growth story," said Joe Stone, Cargill corporate vice-president. "We
are creating the global leader in aquaculture nutrition, enabling
world-class R&D, delivering innovative products and solutions and
creating opportunities for the industry, our customers and our employees through shared values that will propel our growth."
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leadership role under Cargill ownership and assume responsibility as
president of Cargill Aqua Nutrition. In his role, Wathne will be based
in Bergen, Norway, and be part of the Cargill Animal Nutrition leadership team, along with Sarena Lin, president of Cargill Feed & Nutrition, and David Webster, president of Cargill Premix & Nutrition.
As announced, Cargill will now have an additional 1,000 employees across seven feed manufacturing facilities.

For more information, see Page 114.

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World Grain -- November 2015

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